'Sesame Credit' is the name of a new credit scoring system that was developed by the Chinese government, Tencent and Alibaba's payment service Alipay. This gamified credit system runs on a scale from 350 to 950 and includes a rewards system. Users with top credit are able to book some hotel rooms in China without making advanced payments. A higher score ultimately gives citizens more freedoms, while it may become challenging for people with lower scores to receive approvals for loans or authorization to leave the country.
Overall, one's 'Obedience Score' as a citizen is impacted by everything from retail purchases and political views to friends on social networks. This system is set to become mandatory in 2020.
Sesame Credit is also being tested with a Chinese online dating website, which will allow users to assess the credit scores of potential dates.
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