bitcoin
bitcoin

$72353.69 USD 

1.65%

ethereum
ethereum

$2669.00 USD 

1.86%

tether
tether

$0.999569 USD 

0.04%

bnb
bnb

$601.55 USD 

-0.73%

solana
solana

$178.10 USD 

-1.66%

usd-coin
usd-coin

$0.999798 USD 

-0.01%

xrp
xrp

$0.522223 USD 

-0.18%

dogecoin
dogecoin

$0.170696 USD 

3.65%

tron
tron

$0.167785 USD 

2.28%

toncoin
toncoin

$5.03 USD 

0.30%

cardano
cardano

$0.355454 USD 

2.76%

shiba-inu
shiba-inu

$0.000019 USD 

1.65%

avalanche
avalanche

$26.25 USD 

-1.33%

chainlink
chainlink

$11.90 USD 

3.30%

bitcoin-cash
bitcoin-cash

$370.40 USD 

-3.05%

Cryptocurrency News Articles

Worldcoin Revolutionizes Privacy with Personal Custody, Empowering Users

Mar 22, 2024 at 10:28 pm

Worldcoin's Personal Custody grants users unparalleled control over their data, revolutionizing data privacy. This groundbreaking move empowers individuals with full stewardship of their information, enabling them to manage its deletion and future use before its secure removal from temporary backend storage.

Worldcoin Revolutionizes Privacy with Personal Custody, Empowering Users

Does Worldcoin's Personal Custody Empower Users to Protect Their Privacy?

Worldcoin (WLD) has taken a bold step toward safeguarding user privacy with the introduction of Personal Custody, a groundbreaking development in data protection endorsed by industry experts. This innovative feature debuted alongside World ID 2.0, signaling a significant shift in Worldcoin's architecture towards user empowerment.

How Does Personal Custody Work?

Personal Custody grants users unrivaled control over their data by allowing them to manage its flow. Unlike traditional data handling methods that erase information, Personal Custody empowers users to decide when and how their data is utilized or deleted.

The framework consists of four crucial elements: the user's device, the orb (a data package containing sensitive information), and temporary backend storage. The backend, designed to be impenetrable, ensures that user data remains encrypted and secure.

The operational mechanics of Personal Custody involve a series of intricate steps meticulously engineered for data protection and integrity. The process commences with the user's device creating a public-private key pair to encrypt data. This encrypted data is then transmitted to the backend for further processing. The backend generates additional keys for doubly encrypted data and furnishes the orb with the necessary public keys.

In the verification phase, the orb generates essential images for World ID verification. Upon successful verification, the orb encrypts and signs individual data packages before forwarding them to the backend. Finally, the encrypted data packages are securely downloaded to the user's device before being erased from the backend, completing the data custody cycle seamlessly and securely.

How Personal Custody Impacts User Empowerment

This meticulous process ensures that user data remains encrypted with their public key and resides exclusively on their personal device. Double encryption provides an additional layer of protection, preserving the integrity and privacy of data even if the user's device is compromised.

Personal Custody marks a fundamental shift toward user-centric architecture, aligning with Worldcoin's mission of empowering its community. By entrusting control to users, Personal Custody not only strengthens data security but also instills trust and transparency within the Worldcoin ecosystem.

Is Personal Custody a Game-Changer?

Personal Custody is a significant step in the evolution of data privacy. It empowers users with unparalleled control over their data, ensuring its security and confidentiality. As the Worldcoin ecosystem expands, Personal Custody is poised to play a crucial role in fostering trust and transparency, solidifying Worldcoin's position as a leader in user-centric data protection.

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