Topic: Doconomy

Mastercard and Doconomy have launched the "Climate FinTech Cards & Payments Challenge" to track the carbon footprint of every transaction. This initiative is viewed as a precursor to a social credit system where consumers' spending habits are monitored and potentially restricted based on their environmental impact.

Doconomy has partnered with MasterCard and the World Economic Forum to create a credit card that tracks the carbon and water footprint of every purchase. The card can be set to stop working once a user reaches their environmental limit. The hosts describe the promotional material as "creepy" and designed to guilt humans for their consumption.