Tencent opens its credit rating system. This marks a big step forward for Tencent: not only does this fill in a glaring gap in their product lineup, it also puts them in direct competition with Alibaba’s Sesame Credit. According to previous screenshots from early testers, the credit scores—ranging from a maximum of 8. Social data constitutes a major part of Tencent Credit’s rating system. The data collected from We. Chat and QQ—which claim 9.
The consumption data was mainly gathered through Mobile QQ and We. Chat payment. Tencent is also partnering with financial institutions like We. Bank, China Construction Bank and local service institutions for complementing the credit rating mechanism. Both Alibaba and Tencent have set early sights on the credit scoring sector, an essential component for financial services to solve the rising online security issues by leveraging big data.
In 2. 01. 4, when Alibaba’s Ant Financial was tinkering on Sesame Credit, Tencent also laid out in the sector with plans to launch a similar product. Both the companies obtained government approval to run their consumer credit rating services two years ago.
Sesame Credit — Steemit. How To Transfer Money From Credit Card To Paypal. Photo from: http: //www. Intro. The article of today is very important, specially for the mankind. Image than for a moment, a world where every action you do can have an influence of your social life. To uniform your mind under the voluntary of the government. Maybe you are thinking we live in this situation, but after discovery what is the "Sesame Credit" you feel grateful for your freedom you have now. Tencent is the most important chinese company of telecommunication in internet, more likely google, but with a media power more power than the american one.
For understand better my explanation, just figure out what is the market value of this company and actually is more than 3. Now image if this colossus take an ally with the government, the power to take control of public opinion is unbelievable and this dangerous stuff take form when sesame credit rise.
Sesame Credit. Sesame credit is a game extremely complex similar to mind game for exercise the memory with different visual graph. If you accomplished different action in social media or in websites you can get or lost point. The scope is to determinate if one people have the quality to be a good citizen or not.
Actually is in Beta testing and the participation is voluntary but different insider opinion thinking that before 2. Sesame credit can get obligatory. Tencent and the Chinese government assume the tips to value the opinion of citizen and the uniformity level.
The level of the gamers going up or down validating the obedience level toward the society. For example, if you share a video from the national television, your lever growing up if you do the same but the video is from a indipendent channel the point going down. Because is connected with "alibaba", the chinese online shop like Amazon, if you buy chinese production the point going up, if from a foreign country.. So why i important your score ? Well , image a society have this measuring system to valuate people. If you for example have a good achievement score you can ask for a loan.
Or your possibility to get a good job increase etc. And the sesame score became public, so everybody can discover your level and decide how to deal with you. If you think is not a threat this sesame, image for a moment exist, how do you fell if you share a news and your point go low? And how people can thinking about me if i send a message at this guys with lower score? I'll losing my right for shared the wrong notice? Photo from: http: //thepanopticontheory.
Https://www.vvcat.com/view/191161.html,And then to the monthly sesame credit sub-update day, but today is the top of the thunder of Tencent's credit points. In time. · A financial affiliate of e-commerce giant Alibaba launched a credit-scoring system similar. Sesame Credit. including Sesame Credit and Tencent.
Tencent Holdings Takes Full Control of ‘League of. with sources telling Breitbart that they are. scoring system for Chinese citizens called Sesame Credit. · Tencent is developing a credit scoring system as it ramps up its battle with rival Alibaba for a share of China’s $5.5tn mobile payments market. Ant. · China Gives Little Credit to Companies Handpicked to Develop Credit-Reporting Sector. “Whether it is Tencent Credit, Sesame Credit.