Here is the tweet that sums itup (a credible source: VC firm A16z partner)
<a href="https://twitter.com/conniechan/status/958765216338132992" rel="nofollow">https://twitter.com/conniechan/status/958765216338132992</a><p>Tencent Credit has been rolled out nationwide in China:<p>a score of 300-850 points based on historical data from WeChat and QQ. A good score gives users access to credit, installment payment shopping, and deposit free rentals of bikes and apartments.<p>---------<p>Anonymity on WeChat is already virtually nonexistent. China has phased in a real-name registration requirement for mobile phone numbers since 2013, and all WeChat accounts must be linked to a mobile phone number.