It sounds good on paper but how does it account for a citizen of "good" character per the algorithm being charged with a major felony or violent crime? If they are innocent, there is a meaningful likelihood they are denied release, thus ruining their life. If they are guilty, there is a meaningful likelihood they aren't reputable enough to ignore the chance to cut off their ankle bracelet and go underground.
Are there any systems that allow for something akin to "bail" (as in a way to be releaswd from custody while awaiting trial while also holding the individual accountable to return) that rely on things asids from cash or trust in an "algorithm"? I'm currently doing some reading on the subject so don't jump down my throat, I'm just skeptical of any other system's ability to balance availability with accountability for those with few to no assets.