bitcoin
bitcoin

$71976.09 USD 

0.34%

ethereum
ethereum

$2691.85 USD 

2.56%

tether
tether

$0.999881 USD 

0.04%

bnb
bnb

$598.83 USD 

-1.13%

solana
solana

$174.62 USD 

-2.56%

usd-coin
usd-coin

$1.00 USD 

0.01%

xrp
xrp

$0.523921 USD 

-0.02%

dogecoin
dogecoin

$0.167074 USD 

-0.65%

tron
tron

$0.168739 USD 

1.94%

toncoin
toncoin

$5.00 USD 

-0.53%

cardano
cardano

$0.354606 USD 

2.06%

shiba-inu
shiba-inu

$0.000018 USD 

-1.28%

avalanche
avalanche

$26.27 USD 

-0.66%

chainlink
chainlink

$12.26 USD 

6.88%

bitcoin-cash
bitcoin-cash

$372.45 USD 

-2.53%

Cryptocurrency News Articles

Worldcoin Overhauls Biometric Data Practices Amidst Regulatory Scrutiny

Mar 23, 2024 at 03:28 am

Worldcoin responds to concerns raised by countries like Spain by eliminating the storage of biometric data. Users will now retain control over their retinal scan data, empowering them to determine its usage. This significant change reflects the project's commitment to adapting to community feedback and addressing privacy concerns.

Worldcoin Overhauls Biometric Data Practices Amidst Regulatory Scrutiny

Worldcoin Revamps Biometric Data Handling Amidst Regulatory Concerns

In response to concerns raised by regulatory authorities, notably in Spain, Worldcoin has implemented significant changes to its handling of biometric data. The company has eliminated the option of storing retinal scan data on its own servers, instead placing the data under the control of individual users.

Initial Concerns and Regulatory Actions

One of the primary concerns surrounding Worldcoin stemmed from its practice of scanning retinas and storing the resulting biometric data. This raised questions about the privacy and security of such sensitive information, especially given the project's rapid user growth.

In Spain, the concern reached a peak when the Spanish Data Protection Agency (AEPD) suspended Worldcoin's operations for three months. The AEPD cited concerns over the storage of Spanish citizens' biometric data without their explicit consent.

Worldcoin's Response: "Personal Supervision"

In response to these concerns, Worldcoin has introduced a new feature known as "Personal Supervision." Under this initiative, individuals who use a Worldcoin device to create a World ID will no longer have their retinal scan data stored or encrypted by the company.

Instead, the data captured during the verification process will be stored solely on the user's personal device. This gives users complete control over their biometric data, allowing them to decide how and where it is used.

Enhanced Privacy and User Control

Tiago Sada, Chief Engineer and Designer at Tools for Humanity, the software provider for Worldcoin, emphasized the company's commitment to privacy and user control:

"While everything was previously deleted by default, users will now have control over what they want to do with their data. This gives you peace of mind and does not require you to trust anyone."

Prior to the implementation of Personal Supervision, Worldcoin users had two options: immediate deletion of their biometric data after verification or allowing the company to encrypt and store the data on secure servers. However, concerns from governments and privacy advocates prompted Worldcoin to eliminate the latter option.

Transparency and Open Source

In addition to introducing Personal Supervision, Worldcoin has also made its Orb devices, the hardware used for retinal scanning, open-source. This move enhances transparency and allows third-party experts to scrutinize the devices' functionality and security measures.

Conclusion

Worldcoin's decision to eliminate the option of storing biometric data on its servers demonstrates the company's willingness to adapt to evolving regulatory landscapes and to prioritize the privacy and security of its users. As the project continues to evolve, it will be closely monitored by industry observers and regulatory authorities alike to ensure that it remains compliant with applicable laws and ethical standards.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Oct 30, 2024