Coinspeaker
China Proposes Its Social Credit System to Regulate the Metaverse
China is proposing a strategy to exert control over people’s activities in the metaverse by developing a scheme that looks like its social credit system. This became evident through China Mobile’s proposal for a “Digital Identity System” for virtual world users.
The proposal suggests creating IDs based on natural and social traits and getting data on individuals, like their occupations and distinctive characteristics. The collected information would also be securely stored and shared with law enforcement to ensure order.
According to some experts, the idea of providing each person with a digital ID that also contains their social traits and other personal information is more akin to the Chinese social credit system. The credit system has generated controversy since it was first introduced. The government employs it to evaluate and rank the moral character and trustworthiness of citizens and businesses
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