🧵 1. China is planning to extend its controversial social credit system to the metaverse, creating a "Digital Identity System" for virtual world users. #tech
🧵 1. China is planning to extend its controversial social credit system to the metaverse, creating a "Digital Identity System" for virtual world users. #tech
🧵 2. The country aims to link users' natural and social characteristics to their digital ID, storing the information permanently.
🧵 3. Recent research shows China leading in blockchain patent filings, with 90% of all global patents. They're integrating social aspects into blockchains.
🧵 4. Concerns remain about the social credit system, potentially banning individuals from certain services based on their behavior. Critics call it dystopian.
🧵 5. The proposals were made during a meeting of the International Telecommunication Union, a UN agency that sets global tech rules. China sees it as a "low-hanging fruit."
🧵 Read more at: https://decrypt.co/153163/china-is-taking-social-credit-system-metaverse