Posts Tagged ‘identity

While anonymity has been equated with lack of authenticity and cowardice, Poole said, “I think that’s totally wrong. Anonymity is authenticity.” Only in the safety of anonymity, he argued, can people play in the most honest way.

Christopher Poole via Erica Noane

“Movenbank just released its financial scoring system that allows users to monitor and understand their financial data in a whole new way. This innovative real-time financial credibility score combines data from shopping patterns, daily spending and social influence into a personalized ‘CREDscore.’ … As part of their services Movenbank will provide instant real-time feedback on spending, with personalized insights that affect behavior.

Nestor Bailley

Today I’ve been checking out Movenbank – in the context of social media data beginning to affect our financial statuses. The site / service is presented very much from the perspective that banks have been letting us down with the way they offer products and services, and make decisions about our credit scores, and loans, unfairly… taking this ‘out of our hands.’

Movenbank will, in contrast, develop a view of individuals based on personality, and behaviour, some of it determined by a ‘fun personality questionnaire that identifies your financial profile:’

It’s too early to judge Movenbank, and what overall, this financial services innovation will do for us. But I think it’s worth asking a few questions about the implications of tying up self-identified personality traits, social media data and shopping behaviour to our financial ‘CRED.’

How will it work? Will we get a better score from consistently buying sensible organic vegetables and pulses, rather than last minute flights to Biarritz or a gorgeous pair of Alexander McQueens? And why should we?

Alexander McQueen fall 2012 shoes

As I understand it credit scoring is determined by how much you have been earning, borrowing, and paying back. What do we really gain from adding social media and precise shopping activity into the mix? Will some with poor traditional credit scores be able to borrow more? Will some with good traditional credit scores, be marked down in CRED for a personality or behaviour that this new score deems dodgy in some way?

Seems to me many of our financial problems have been caused by too much credit, not too little… if this is another way of opening the gates for people deemed a ‘risk’ by other measures, to borrow… is it a step forward? And will it really be fairer for us to be financially scored on our Facebook likes, tweets, and late night impulse Amazon purchases? For our financial status to be based on what we buy, and who we are, or have constructed ourselves to be, as well as, or instead of, how much we spend, borrow and repay?

Vegetables image from Bread, Water, Salt, Oil

People with enough privileges don’t have to worry about their public identities and reputations, but marginalized or vulnerable people around the world face real danger for speaking out online. They still need the ability to participate fully. That’s why a truly Web-wide reputation system cannot be subject to any company’s “real names policy.”

We learned in the workshop that the best kind of online identity is one that is pseudonymous but expensive.

Jon Mitchell

Paul Resnick proposed the idea of “expensive pseudonyms” via an identity-issuing authority that could release “once-in-a-lifetime” pseudonyms and protect the real identity of individuals while making it costly for them to forge multiple identities. Kaliya Hamlin, on the other hand, stressed the importance of “Limited Liability Personas” to allow users to keep multiple personas (and their attached reputation values) in different contexts, and allow them to dump a single persona if for any reason it got screwed up (without affecting the reputation of other personas).

Wikipedia report from workshop

some [Facebook] users with many subscribers will be notified through their profile of the option to verify their identity… There’s no way to volunteer to be verified, you have to be chosen. These users will be prompted to submit an image of a government-issued photo ID, which is deleted after verification. They’ll also be given the option to enter an “alternate name” that can be used to find them through search and that can be displayed next to their real name in parentheses or as a replacement

Josh Constine

It is definitely a balancing act but for us it’s all about helping people to have quality discussions, whether people want to use a pseudonym or not. It seems as though most people currently associate a commenter using their real name as one who produces a higher quality comment. We’re looking to let everyone know, by our data, that’s incorrect

Talton Figgins, Disqus

Someone in the oil industry appears to be resorting to astroturfing to bolster support for the controversial proposed Keystone XL pipeline, which would carry tar sands oil from Alberta down to Texas if approved by the Obama administration. The Rainforest Action Network thinks the American Petroleum Institute and its oil lobby allies are behind a slew of fake Twitter accounts designed to prop up public opinion about the pipeline

Kate Sheppard

This blog is about utilizing and optimizing the social web for business, pleasure and social change

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