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Cryptocurrency News Articles
Worldcoin Commits to Data Privacy with Personal Custody Feature
Mar 22, 2024 at 09:07 pm
Worldcoin's Personal Custody initiative empowers users with control over their biometric data. During World ID verification, biometric data is stored on personal devices instead of being encrypted and stored by the project. This move aims to enhance trust and address privacy concerns. Worldcoin has also made its orb software publicly available on GitHub, promoting transparency and verifiability of its privacy claims.
Is Worldcoin Truly Committed to Data Privacy?
Worldcoin, a project that verifies human identity through eyeball scans, has faced scrutiny over its handling of biometric data. In response, the company has introduced a new "Personal Custody" feature that aims to enhance trust among potential users.
What is Personal Custody?
When individuals sign up for a World ID, they will no longer have the option to store their biometric data with Worldcoin. Instead, the data will be stored on their personal devices, typically smartphones. Users will have full control over their data, including the ability to delete it.
Why Implement Personal Custody?
Worldcoin claims to have always prioritized privacy, but this move is seen as an effort to address concerns raised by potential users. Tiago Sada, head of product at Tools for Humanity, the lead software contributor to Worldcoin, believes it will provide "peace of mind" by eliminating the need to trust the company with sensitive data.
Scrutiny and Controversy
Worldcoin has been under investigation by several government agencies, including a recent ban in Spain. Critics have also raised concerns about the distribution of WLD tokens to individuals in less-developed nations.
Data Custody Option Eliminated
Previously, users had the option to have their biometric data deleted or stored by Worldcoin. With Personal Custody, the Data Custody option is no longer available. All biometric data will be stored on personal devices, giving users complete control over its use and deletion.
Bolstering Transparency
In addition to Personal Custody, Worldcoin is making the core components of its Orb software publicly available on GitHub. This move aims to increase transparency and allow independent verification of the company's privacy claims.
Tech Tree Development
The release of the Orb software is part of Worldcoin's "Tech Tree" development roadmap. The company's ultimate goal is to enable individuals to build their own orbs for human verification.
Conclusion
Worldcoin's Personal Custody feature and transparency efforts are aimed at addressing concerns about data privacy. By giving users full control over their biometric data, the company hopes to build trust and increase the adoption of its human verification system. However, the scrutiny and controversy surrounding the project suggest that it will continue to face challenges in gaining widespread acceptance.
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