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Need a Loan? Favourable Rates!!

I thought this up many years ago when I used to GM Star Wars. It was an easy way for the (mainly Bounty Hunter) group to make some quick and easy cash:

In my Star Wars Universe, whenever an individual took out a personal loan above a certain amount the bank, building society or loan shark would have a minute chip grafted on to a vein (usually behind the right ear). As long as the individual kept up the payments the chip stayed silent. However, if they defaulted the chip would be alerted by the bank and would then let off a signal of the individual's whereabouts every time that person walked through a doorway equipped with a sensor to pick up these default signals. These sensors would be found everywhere; pubs, shops public buildings, etc. So much so, in fact, that once a chip started emitting a signal, that individual had approximately 20 minutes before a bank-authorised bounty hunter would track them down and take them into custody (sometimes none too gently!).

Of course, this method of finding individuals was so much a way of life on most worlds that 99% of the population accepted these chips and had them. However, this method of tagging people was open to corruption. If people needed to find an individual, it would not take long to find out whom they owed money to and then it would simply be a matter of bribing someone inside the bank to either set off their chip or give their current location.

The Black Market for removing these chips would be very expensive and quite risky to both the black market surgeon and the lender. The chip would be grafted on to a vein in the lender's head or neck, and the flow of blood would both power the chip and inform it it was still inside the lender. If it was removed from the vein before its time it would immediately issue a signal advising it had been removed. The chip would emit this signal after .2 of a second of its being aware it could no longer feel blood pulsing through the vein.

Other spin offs from this of course would be combat. If a lender gets killed in a shoot-out, the area will be visited in a matter of minutes by police and/or bank-authorised bounty hunters. The flip-side would be a much lower murder crime rate too.

Another idea I had but never put into action was the tagging of money. I theorised that units of currency would still be used, and that the issuing authority would build some type of chip into the note, coin or whatever. When an individual extracted money from an ATM, the ATM would register the chips and would advise the bank those individual notes had been taken by individual 'X'. If individual 'X' then went into the pub and used one of those notes buying a round of drinks, the cash till would register the notes and advise the bank of it's location and what had been bought (i.e. O'neill's Spacer's Taven, Heathrow Down Port, three pints of Malibu Jack purchased with note# VCM3256748). The bank would see who had that particular note and add it to their database of information gathered on that individual. Combined with their credit card information, the bank would very quickly build up a large database of individual 'x's purchasing tastes, hobbies, vices, etc. The advertising potential of all this information would be astronomical and worth a fortune commercially.
 
Sounds like a measure instituted on a high law level world. A nonpopular ruler could eliminate any opposition wuite easily. Privacy would become a thing of the past. Not a nice system as things might apprear.
 
That's a rather high level of State invasion of personal privacy, but it's not out of the question. The film 'Minority Report' demonstrated a way of avoiding the need for an RFID tag for people: once iris recognition technology becomes pervasive, the biometric will be as easy to use as the artificial tag. Possibly easier to avoid, but measures like sunglasses and peaked/broad-brimmed hats would be inherently suspicious.

If they cared to, banks could track the movement of banknotes by optical recognition of their serial numbers today. RFID would make the tracking at point of sale easier, and could even be explained as saving on errors - the cash register could read the banknotes proffered to both authenticate the notes and to check the arithmetic of the transaction.

I think, though, that a state (it's usually only the state which has the capability in reserves, trust and control to issue banknotes, not individual banks, and most states work pretty hard to keep it that way once they get the idea) which wished to gather this level of knowledge about its subjects'/citizens' financial activity would be more likely to do away with cash altogether and move to a 'credstick'-mediated currency. The cost would be vastly reduced, with only a one or a few devices needed per person, rather than the thousands of banknotes (and they could charge for replacement ones). Also, the advantages of security and convenience would make it easier to sell to the populace.

Also, it's worth noting that there will, even in the most totalitarian states, be powerful interests which might not appreciate their every little transaction being a matter of Government record. They would probably be successful in campaigning for some exemption or loophole in the tracking system. Of course the accessibility of this sidestep to the 'little people' is another question.
 
You've hit the nail on the head, Womble. In my Star Wars universe everything was much more corporate controlled and driven, especially in the core worlds, where rent-a-cop companies were given contracts to police worlds on behalf of the Empire, etc. (The above actually led to a whole campaign where my group got involved in a rent-a-cop war over a contract for a couple of habitable planets in one system).

Corporations would target individuals with constant advertising, much like in Minority Report. (I felt as if I had been robbed when I saw that film - someone had stolen my ideas!)

But, yes, in my version of Star Wars everything was much darker. In the core worlds the concept of individual privacy was a thing of the past and the Empire embodied the ultimate 'Big Brother'. At first the Empire was able to sell this concept to the ordinary being on the street because of the Rebel Alliance and as a way of fighting terrorism.

Out on the Rim, however, things were much more lax (though not through lack of trying on the Empire's part) and Rebels were able to go about their activities quite easily. But if they needed to go very far into the core, they would need fake ID and credit history (not an easy thing to fabricate or acquire), and even be reduced to the barter system if they needed anything. (But even this could be risky with the average citizen as it would mark the PC as suspicious and possibly a criminal, leading the citizen to calling the authorities).

Transplanting this idea or parts of this concept into Traveller could work quite well, I think, especially the concept of the tagging of the lender by banks on higher law worlds.
 
Geee....Kinda like what their doing in the Good Ol USA!!!! Land of the Free and home of the Brave....so much for LIBERTY and Freedom!!!!
 
I like the idea, and have a coupla worlds IMTU that this would mesh quite nicely. The communication lag over interstellar distances could be a problem, especially if you're paid up and have to wait in detention for news of your renewed cred to catch up.

There's always gonna be some Doc willing and able to remove the thing as well-- so maybe that's part of why a similiar thing ain't in canon from the MT days. The other thing is, eventually the bank will catch up, it might take years, but it'll happen. Why spend all that money recovering a piece of crap free-trader going on 40 years old? The ol' fashion skip-tracer has gotta be cheaper than an implant and tracking infrastructure.

Still, it's a fine idea.
 
Somebody would figure a way to give the chip a spurious bloodflow positive reading, and then the chip wouldn't register removal. You let the former host carry it externally to retain an appearance of legitimacy (supposing a system of spot checks were in place).

It could be dumped or even planted on a dupe when time comes to cut loose.
 
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