China is building a digital dictatorship to exert control over its 1.4 billion citizens.

What may sound like a dystopian vision of the future is already happening in China. And it’s making and breaking lives.

The Communist Party calls it “social credit” and says it will be fully operational by 2020.

Within years, an official Party outline claims, it will “allow the trustworthy to roam freely under heaven while making it hard for the discredited to take a single step”. Social credit is like a personal scorecard for each of China’s 1.4 billion citizens.

In one pilot program already in place, each citizen has been assigned a score out of 800. In other programs it’s 900.

Those, like Dandan, with top “citizen scores” get VIP treatment at hotels and airports, cheap loans and a fast track to the best universities and jobs.

Those at the bottom can be locked out of society and banned from travel, or barred from getting credit or government jobs. The system will be enforced by the latest in high-tech surveillance systems as China pushes to become the world leader in artificial intelligence. Surveillance cameras will be equipped with facial recognition, body scanning and geo-tracking to cast a constant gaze over every citizen. Smartphone apps will also be used to collect data and monitor online behaviour on a day-to-day basis.

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Source : ABC.net

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2018-12-29T14:51:32+05:30September 24th, 2018|Categories: FIAKS daily, Identity, KYC, Legal, Privacy, Regtech, Regulator, Security, Social, Technology|Tags: |1 Comment

One Comment

  1. Abhishek Mody June 27, 2020 at 12:51 pm

    This entire idea of “banning” those with poor credit OR social standing through metric based measurements is the classic Chinese execution of dictatorial apartheid.

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