"...the researchers argue that by using non-financial data, specifically “the history of online searches and purchases,” we can solve the problem of “certain kinds of people not having enough hard data (income, employment time, assets and debts) available.”
The authors of the piece claim that this move is a necessary innovation in order to compete with the rise of corporate cryptocurrencies...
...It should go without saying that giving this organization the power to track everyone’s search history can lead to some dark ramifications.
With private banks, notably JPMorgan and Chase Bank, already kicking conservatives off of their services, one can only imagine how much this would escalate with the IMF tracking everyone’s search history...Read all.
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