You can't rent a car without a deposit for 55 sesame seeds.

Sesame Credit, an independent third-party credit reporting agency under Ant Financial, objectively presents personal credit status through technologies such as cloud computing and machine learning, and has provided credit services to users and merchants in hundreds of scenarios, including credit card, consumer finance, financial leasing, hotels, renting houses, travel, marriage, classified information, student service and public service.

On January 5, 215, the People's Bank of China issued a notice to allow eight institutions to make preparations for personal credit reporting, which was regarded as a signal that China's personal credit reporting system was expected to open to commercial institutions, among which Tencent Credit Reporting and Sesame Credit were among them.

Sesame Credit is a credit system designed according to all aspects of data.

Sesame credit score is the comprehensive processing and evaluation of massive information data by Sesame Credit, which mainly includes five dimensions: user credit history, behavior preference, performance ability, identity characteristics and personal relationship. Sesame Credit is based on Alibaba's e-commerce transaction data and Ant Financial's internet financial data, and has established data cooperation with public institutions and partners such as Public Security Network.

unlike traditional credit data, sesame credit data covers credit card repayment, online shopping, transfer, wealth management, payment of water, electricity and coal, rental information, address relocation history, social relations and so on.

"Sesame Credit" can evaluate users' credit by analyzing a large number of online transaction and behavior data. These credit evaluations can help Internet finance enterprises to draw conclusions about users' repayment willingness and repayment ability, and then provide users with fast credit granting and cash installment services.

In essence, "Sesame Credit" is a credit information system, which collects data from the government and financial systems, and fully analyzes users' behavior records on platforms such as Taobao and Alipay.