Facebook rating score has echoes of China’s Social Credit System

PUBLISHED 22ND AUGUST 2018 2:47PM

Facebook has confirmed that it now ranks some of its users on a trustworthiness scale, prompting comparisons to China’s Social Credit System.

The social media giant reportedly assigns users with a reputation score between zero and one. According to the Washington Post, who broke the story, Facebook has been developing the system over the past year.

It forms part of a wider crackdown on fake news and misinformation, a scheme first started by Facebook in 2016.

The Facebook rating score has been developed to combat users attempting to game the system by flagging posts that they do not agree with as untrue.

It’s “not uncommon for people to tell us something is false simply because they disagree with the premise of a story or they’re intentionally trying to target a particular publisher,” Tessa Lyons, Facebook’s product manager in charge of fighting misinformation, told the Washington Post.

The revelation has drawn widespread criticism. Matthew McKenna, VP EMEA at SecurityScorecard, described the news as “concerning”. He called for greater transparency about how the score is calculated and for users to be able to view their score to improve it.

“For any scoring or rating system to be effective, whether for business or people, these foundational principles are a must,” he said.

Made in China

Morten Brogger, CEO of encrypted communications platform Wire, compared it to a social rating system being developed in China that makes use of big data analytics.

“Refusing to be on a level playing field with customers in this manner is reminiscent of a proposed Chinese Social Credit System, which will give people a ‘social credit score’ based on their interactions with digital applications,” he said.

“Whilst this method is state-run in China, it is now being privatized in the West.”

While the Social Credit System is planned to be fully implemented by 2020, there are already some pilot systems in place.

Most of these involve financial credit ratings, but apps such as Honest Shanghai go much further. The app uses facial recognition and national ID numbers to gather data and assign them a public credit score.

(Source: Click Here)

CLICK & GET EDUCATED ASAP!

It concerns the future of your finance...

Are you aware that there is a WAR ON CASH? Do you know what this really means for you and your family?

Get educated, get active, and VOTE WITH YOUR WALLET!

  • HOW'S FACEBOOK DOING NOW???

#Money #Geopolitics #Economics #OSINT #Crypto #Cryptocurrency

Featured Posts
Recent Posts
Archive
Search By Tags
No tags yet.
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

S.D.G. | © 2017 by International Silver Dollar Association ~  www.ISDASilver.org

All Rights Reserved.  All Wrongs Reversed.

OPPORTUNITIES

COVENANTS & DISCLOSURES

MEMBERSHIP

Back to Top

ICFMS Logo Vertical_edited.png

IMPORTANT MESSAGE: ISDASilver.org is a website owned and operated by the International Silver Dollar Association an Ecclesiastical State Integrated Auxiliary Trust operating by rule of necessity as an Unincorporated Association (hereinafter, “ISDA”).  We are a Faith Based Organization qualified under Title 26 U.S. Code § 508c(1)a Non-Assumptive 28 U.S. Code § 1746 (1).  By accessing the website and any pages thereof, you agree to  the binding terms of use of all ISDA Policies & Agreements, as each may be amended from time to time.  ISDA is not a registered broker, dealer, investment adviser, investment manager or registered funding portal.  Any and all private offerings on this site are available without contravention of Rule 506(b) of Regulation D, as “safe harbor” under Section 4(a)(2) of the Securities Act, and pursuant to the iCovestor Relationship & Royalty Sharing Covenant made in acquiescence at the time of any like kind exchange for any goods, services, and/or subscription made in the medium and measurement of silver in the form of U.S. Treasury Minted American Silver Eagle Coined money (Measured Digitally and/or Physically exchanged thereof as an Intentional Community Opportunity (-ies), a.k.a. “ICO” or "ICOs").

The information contained on this site is provided for informational purposes as a service to the public as part of the mission of the ISDA and does not constitute legal or tax advice.  Legal Information is not the same as Legal Advice.  Some of the information on this site and corresponding emails provide information about law designed to help users safely cope with their own Faith Based Organization needs.   The application of law varies depending on many circumstances. The laws of every state are in constant change, and although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a lawyer if you want professional assurance that this educational information, and your interpretation of it, is appropriate to your particular situation.

 

ISDA Website Entry & Use Agreement & Public Notice: CLICK HERE