Page 106 - Reclaim YOUR DIGITAL GOLD (with DesignLayout Dec3) (Clickable) (Dexxi-FLIP-Audio)_Neat

RECLAIM YOUR DIGITAL GOLD

could be summarized by a single rating on a scale of five
points. If you havea low rating,it is possible that you will
be isolated from the rest of society. Onthe other hand,if
you havea high rating, you will have access to wonderful
opportunities and unique advantages. This is what a
social rating or social scoring system is all about.

In fact, similar systems exist in China,where its society
is heavily monitored and tracked digitally through face
recognition, digital wallets, and regular surveillance.

The social credit system that the Chinese government
has proposed is one of the most well-known. However
China,is not the only country that is implementing social
monitoring solutions. According to new research,it was
just recently revealed by the government of the United
Kingdom that they would be using live facial recognition
software onthestreetsof Londoninorderto findsuspects
that are wanted by the police (nytimes.com, 2020).
Similar systems are already utilized by law enforcement
agencies and government organizations in other parts
of the world, including China, Japan, Russia, UAE, US,
and Brazil, to name a few. Numerous non-governmental
entities, including many insurance companies located
all over the world, have either announced or deployed
systems that will enable its operators to effectively
gather information about the behavior of individuals for
the purpose of using it in significant decision-making
processes. For instance, in the state of New York, life
insurers are permitted to make decisions regardingtheir
customers based on the information found in social
networks. Information obtained from a tracking device
that has been purposefully installed in a vehicle can
be used by the auto insurance industry to devise new

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