Social Credit
Social Credit is a system used primarily in China to evaluate the trustworthiness of individuals and businesses. It assigns scores based on various factors, including financial behavior, social interactions, and compliance with laws. Higher scores can lead to benefits like easier access to loans, while lower scores may result in restrictions, such as travel bans.
The goal of Social Credit is to promote good behavior and enhance social trust. Critics argue that it can lead to privacy violations and excessive government control, while supporters believe it encourages accountability and responsible conduct in society.