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China 'launches an app that tells you if you are within 500 yards of someone in debt - and encourages you to report them if they seem capable of paying up'






In wake of revolutionary discoveries in molecular biology that will enable us to activate our own immune systems to fight cancer, the Chinese have come up with this insane idea of sending alerts to people if there are individuals in their vicinity who are in debt.

China Daily, a state-run newspaper, reported that the Map of the Deadbeat Debtors app (yes thats what its called) was created by the authorities in the Chinese province of Hebei and it can be accessed through the social media app WeChat.

According to the Daily, the app is made in a way that enables it to send an alert to citizens when someone who is in debt, is within 500 m of the user. It apparently displays the exact location of the unfortunate individual who is in debt, but as of now, there is no concrete information about whether the app also shows any personal information or not. Although the app was made for citizens to keep debtors in check, it is also unclear exactly how much debt one needs to be in to be featured in the app. 

The ultimate idea is to get people who can pay their debts, to do so; by way of being identified through the app, totally dependent on the citizens judgement.

In Chinese culture, it is traditionally believed that incurring debts is taboo and saving money is preferred over spending. This app is part of Chinas big crackdown policy on lending, along with its new social credit system that will be implemented from 2020. This new system will be able to judge people based on their behaviour in public and how trustworthy they are.

Since proper access to traditional banks is still some ways off, China was in need for an alternative system to evaluate loan repayment capabilities, paying rent and other financial responsibilitie
China 'launches an app that tells you if you are within 500 yards of someone in debt - and encourages you to report them if they seem capable of paying up' China 'launches an app that tells you if you are within 500 yards of someone in debt - and encourages you to report them if they seem capable of paying up'  Reviewed by Tim on August 28, 2019 Rating: 5

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