Just now, the entity previously recognized as Worldcoin achieved a significant achievement by confirming the identities of ten million individuals across its digital identification system.
As a researcher, I’m involved with Worldcoin, a unique system that employs a global network of orb devices to gather biometric information. This data serves two primary purposes: it confirms the humanity of each individual and uniquely identifies them.
According to the company, it’s crucial to verify identity because fast-paced AI advancements pose a risk to data authenticity and ownership rights. In their January 9th blog post, The World’s team expressed this idea.
“As AI agents evolve, proof of human will likely provide the cornerstone for enabling ethical and scalable AI, ensuring humans remain empowered creators in a world increasingly shaped by intelligent machines.”
The discussion surrounding Digital Identification remains intense, as opponents assert that such systems pose privacy concerns and may potentially be manipulated by oppressive regimes for misuse.
Worldcoin draws scrutiny from government regulators
Worldcoin’s activities have attracted considerable legal attention, leading various regional authorities to instruct the project to halt its operations in several areas.
In the realm of cryptocurrencies, I found myself at the forefront of a significant development on August 2, 2023. That day, Kenya became the first nation to prohibit Worldcoin, expressing concerns over potential national security and privacy threats stemming from the amassing and preservation of biometric data. As an investor, this move by Kenyan authorities serves as a stark reminder of the delicate balance between innovation and safeguarding our personal information in the digital age.
In March 2024, Worldcoin was instructed to halt data collection in Spain for a duration of three months. Later on, they consented to cease all operations for the remainder of 2024.
The suspension occurred after an investigation by Spain’s Data Protection Agency (AEPD), regarding accusations that they were not allowing users to withdraw their consent and gathering data from underage individuals.
The company firmly refuted the allegations, maintaining that they conduct business legally in every area governed by their operational network.
In the spring of 2024, I found myself temporarily barred from using Worldcoin, a digital currency, due to Portugal’s decision to impose a 90-day ban. The reason for this action was to safeguard the privacy rights of citizens and to prevent any questionable collection of biometric data that could be deemed unlawful.
In May 2024, the Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong instructed Worldcoin to halt its activities within the region.
In September 2024, Worldcoin was penalized with a fine of approximately 1.1 billion Korean won (equivalent to $829,000) by South Korea due to accusations of breaching personal data protection regulations.
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2025-01-12 23:03