This document discusses a proposed new trust model called the "Web of Credit" (WoC) model for inferring personalized trust measures from online rating data in social networks. The WoC model constructs a trust network by tracking the flow of "credit" assigned from one user to another based on their ratings. It combines the objectiveness of reputation-based models which use rating histories, with the individualism of "Web of Trust" models which allow personalized trust measures. The document also presents the Core-Trust algorithm for inferring trust in this WoC-based network by considering factors like credit, risk, bias, and impedance derived from rating data. Experiments on real datasets showed the WoC model can infer trust more accurately than