Posted on February 20, 2018
Building the first Social Credit Scoring System: Zhima Credit
The giant Chinese equivalent of Amazon is leading the race to derive an automated rating algorithm for all citizens of China. Their affiliate company, Ant Financial, have created a service known as Zhima Credit (Or Sesame Credit). They realised that the data-collecting powers of their leading app, Alipay, could be used to calculate a very detailed score based on an individual’s activities. Some people are hailing it as the hellish predictions of black mirror becoming a reality but should we really be worried about it?
Posted on February 17, 2018
Rapid developments in social media and online platforms have opened up opportunities for new channels in which companies can promote themselves and their products. However, just as a revolutionary untested vaccine can lead to harmful side effects, expansions in the web have led to the rise of fake news. At what cost?