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Cryptocurrency News Articles

Portugal Halts Biometric Data Collection by Worldcoin, Citing Privacy Concerns

Mar 26, 2024 at 11:09 pm

Portugal Halts Biometric Data Collection by Worldcoin, Citing Privacy Concerns

Portugal Hits the Brakes on Worldcoin's Biometric Spree: A Regulatory Red Flag

Ladies and gentlemen, buckle up! Portugal has just thrown a wrench in Worldcoin's plans to gather our precious biometric data. The country's data watchdog, the CNPD, has slapped them with a 90-day data collection pause.

Question: What's the Beef with Worldcoin?

Here's the deal. Worldcoin has been tempting folks with a digital ID and some free crypto if they let it scan their faces with its "orb" machines. Over 4.5 million people worldwide have already bitten, including over 300,000 in Portugal. But hold your horses, there's a catch.

The CNPD has received a barrage of complaints about underage sign-ups, lack of clarity in the data-sharing process, and zero ability to retract consent. That's like a privacy nightmare!

Question: Is Worldcoin Taking the Hit?

Worldcoin's data protection officer, Jannick Preiwisch, is putting on a brave face, claiming they're law-abiding citizens. He's promising to address the regulator's concerns promptly. But let's not forget, this isn't the first time Worldcoin has faced the regulatory wrath.

Question: Who Else Is Giving Worldcoin the Side-Eye?

Portugal is not the only country with its eyes on Worldcoin. Its neighbor Spain has also issued a similar order, freezing their data collection and blocking the data they've already amassed. And let's not forget Kenya's suspension and the UK's looming investigation.

Question: Are Biometrics the New Black Sheep?

Despite these setbacks, the allure of biometrics persists. PYMNTS Intelligence reports that over 50% of US online shoppers embrace biometric authentication tools, such as facial recognition and fingerprint scans.

Question: So, What's the Takeaway?

Folks, this is a clear sign that regulators are scrutinizing biometric data collection with a hawk's eye. Privacy concerns are at the forefront, and companies like Worldcoin need to tread carefully to avoid regulatory roadblocks.

Remember, your face is like a digital fingerprint, and sharing it carries potential risks. Proceed with caution, and always demand transparency and control over your personal data.

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Other articles published on Jan 09, 2025