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"Know Your Customer" In the West, KYC means that a bank is going to ask to see your ID before letting you open an account. In China, KYC means that, in order
by slumdev 5y ago
"Know Your Customer"
In the West, KYC means that a bank is going to ask to see your ID before letting you open an account.
In China, KYC means that, in order to use something as pedestrian as social media, you have to let the CCP AI dragnet build a profile that can be used to surveil you for the rest of your life.
- sudosysgen 5y agoWechat is basically a bank as you can use it to send money, hence KYC. If all the CCP wanted was to build a profile they'd just ask for ID and then scoop up every call you make.
- bordercases 5y ago> If all the CCP wanted was to build a profile They do. > they'd just ask for ID and then scoop up every call you make. Which they do through Wechat. You're making a distinction without a difference.
- parhaml 5y agoWechat is basically everything for mainland users. Need to pay registration for car? Wechat Need to verify covid screening to enter the country as a resident? Wechat Need to request a taxi? Wechat Need to pay your electricity bill? Wechat EVERYTHING is done through wechat.
- sudosysgen 5y agoYes, indeed. That said put in another way, they're just a bank and Facebook at the same time, which is indeed scary. Not that it would be very different if they were different services for spying purposes, the government can always centralize the data.