Daily Mail:
In China, they are pretty much ranking citizens based on what goods they are buying. Depending on what goods you purchase, there is either or boost or a decrease in credit and also social standing. Also, any actions you take can affect your "score" as well. If you are ranked high enough, you can get VIP access. This includes VIP lounges at airports, hotels, and access to top universities. It is thought that this is a way China can track their 1.4 billion people and keep them in good standing.
WIRED Magazine:
This was more of a personal story with Liu. He was in UK and recently moved back to China. When he arrived, he noticed a big change. He paid for virtually everything on his phone. Mobile payments were a way to track and boost credit. Everyone here did it, but you needed a specific app, like Alipay or WeChat. These two apps tracked what you were to buy and based off of that you could see an increase or decrease in credit. By using this as some sort of "incentive" it monitored what people did and how they lived their lives. You needed good credit to afford housing and things of that matter. With bad credit, affordable housing was not easy to come by.
No comments:
Post a Comment