An Analysis of the Current State of the Consumer Credit Reporting System in China

The Chinese Social Credit System (SCS), known as the first national digitally-implemented credit rating system, consists of two parallel arms: a government-run and a commercial one. The government-run arm of the SCS, especially efforts to blacklist and redlist individuals and organizations, has attr...

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Bibliographic Details
Main Authors: Chen Mo, Grossklags Jens
Format: Article
Language:English
Published: Sciendo 2020-10-01
Series:Proceedings on Privacy Enhancing Technologies
Subjects:
Online Access:https://doi.org/10.2478/popets-2020-0064
Description
Summary:The Chinese Social Credit System (SCS), known as the first national digitally-implemented credit rating system, consists of two parallel arms: a government-run and a commercial one. The government-run arm of the SCS, especially efforts to blacklist and redlist individuals and organizations, has attracted significant attention worldwide. In contrast, the commercial part has been less often in the public spotlight except for discussions about Zhima Credit.
ISSN:2299-0984