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A Unified Social Credit Identifier is issued to registered companies and other types of organization by the Chinese government. It is "unified" in the sense that it is used both as the business registration number with the State Administration for Market Regulation (SAMR) and as the taxpayer identifier with the State Taxation Administration (STA).
The Luhn algorithm or Luhn formula, also known as the "modulus 10" or "mod 10" algorithm, named after its creator, IBM scientist Hans Peter Luhn, is a simple check digit formula used to validate a variety of identification numbers.
A CBEFF patron format is then defined using one of the CBEFF BIR structures. The CBEFF patron format definition will specify the required and optional CBEFF data elements, any patron-specific data elements, and any abstract values. A specific CBEFF patron format can then be used by one or more entities to exchange biometric data.
Unified Social Credit Identifier; Unique citizenship number; Unique Master Citizen Number; Unique Population Registry Code
The State Council sought to accelerate the development of social credit and, in 2014, issued the Planning Outline for the Construction of a Social Credit System (2014-2020). [ 27 ] : 78 The Planning Outline was a major step in China's approach to developing a social credit system; before the 2014 Planning Outline , there had been only one high ...
Priority Sector Lending Certificates "would be priced by the market. The basic framework for pricing Priority Sector Lending Certificates [social credits] would incorporate the risk-free rate, default rate and cost of operations." [1] As Priority Sector Lending Certificates are priced based on credit risk hence it is a type of credit derivative.
Social credit is a distributive philosophy of political economy developed in the 1920s and 1930s by C. H. Douglas.Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them.
The format was created by Twitter (now X) and is used for the IDs of tweets. [1] It is popularly believed that every snowflake has a unique structure, so they took the name "snowflake ID". The format has been adopted by other companies, including Discord and Instagram. The Mastodon social network uses a modified version.