Kenya’s 17-Member Committee Officially Kicks Off Investigation Into Worldcoin
The Kenyan government has set up a 17-member committee to investigate the operations of American-based cryptocurrency firm Worldcoin, due to its collection
Read MoreThe Kenyan government has set up a 17-member committee to investigate the operations of American-based cryptocurrency firm Worldcoin, due to its collection
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The iris-scanning cryptocurrency initiative, Worldcoin, has introduced the ability for unverified users to secure their WLD tokens. The Worldcoin project recently revealed that the World App has integrated a reservations feature, simplifying the token reservation process for
Read MoreWorldcoin, the brainchild of OpenAI’s Sam Altman, made its official entrance into the world of cryptocurrencies in July. At first, things went
Read MoreThe iris scanning crypto project Worldcoin has now made it possible for even unverified customers to reserve their Worldcoin tokens (WLD).In an announcement on Aug. 11, the Worldcoi n project noted that the World app now offers a reservations feature to make it easier for everyone to reserve their WLD
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Investors are discussing the viability of Worldcoin (WLD) following recent events. The project aims to establish a digital ID using iris-scanning to differentiate humans from algorithms. However, regulators worldwide are concerned. Meanwhile, DigiToads (TOADS) is gaining attention
Read MoreAuthorities in Argentina have become the latest government officials to probe cryptocurrency project Worldcoin over privacy concerns.In an Aug. 8 announcement, Argentina’s Agency for Access to Public Information (AAIP) said it was investigating Worldcoin over its collection, storage and use of customer data to ensure it complies with security and
Read MoreAccording to the AAIP, an entity like Worldcoin must register with the AAIP, provide information about its data processing policy, and indicate the purpose for collecting sensitive data and the retention period for such data. Additionally, the agency requires details of the security and confidentiality measures applied to safeguard personal
Read MoreWorldcoin, an ambitious but also controversial cryptocurrency project, has been making headlines since its launch last month. The project collects people’s biometric data by scanning their eyeballs via a metallic orb. Its goal is to create a proof-of-personhood system that allows it to distinguish robots from humans in the budding
Read MoreAt the moment, the European data authorities are investigating Worldcoin's data flows, the pseudonymization of personal data, such as the biometric iris scans, as well as the transparency and fairness around users' consent, said Will. Worldcoin is expected to respond to the authorities' latest information request by September, at which
Read MoreWorldcoin (WLD) has recently emerged as a subject of fervent discussion especially due to its biometric data collection through retina scans. Its
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