Sesame Credit
Sesame credit is a system in China that gives people a score based on how trustworthy they are. It's like a game where you earn points for doing good things and lose points for doing bad things. The score is based on many things, like how much money you have, how often you pay your bills on time, and how many friends you have on social media.
The system is run by a big company called Alibaba, which is like a really big online shopping mall. They use the scores to decide if people can get loans, rent apartments, or even go on a date!
For example, if you have a high score, you might be able to get a loan really easily because the bank thinks you're reliable and responsible with your money. But if you have a low score, it might be really hard to get a loan or rent an apartment because people might think you're not trustworthy.
Some people think that Sesame Credit is a good idea because it rewards people for being responsible, but other people don't like it because they think it's invading people's privacy.
The system is run by a big company called Alibaba, which is like a really big online shopping mall. They use the scores to decide if people can get loans, rent apartments, or even go on a date!
For example, if you have a high score, you might be able to get a loan really easily because the bank thinks you're reliable and responsible with your money. But if you have a low score, it might be really hard to get a loan or rent an apartment because people might think you're not trustworthy.
Some people think that Sesame Credit is a good idea because it rewards people for being responsible, but other people don't like it because they think it's invading people's privacy.