Home Pressure Mounts On Worldcoin As More People Sign Up

Pressure Mounts On Worldcoin As More People Sign Up

Share
Share

Pressure Mounts On Worldcoin As More People Sign Up

Worldcoin, a controversial project launched by OpenAI CEO Sam Altman, has attracted 2.3 million users globally. However, security and privacy concerns are growing as individuals receive 25 tokens and digital identities for biometric data.

Worldcoin uses orbs to scan a person’s iris, which is stored in encrypted form or deleted according to user preferences. The Electronic Privacy Information Center, a U.S. privacy campaigner, has voiced concerns about Worldcoin’s privacy nightmare and its potential privacy risks. They argue that Worldcoin bribes vulnerable individuals with unchangeable biometrics, such as iris scans and facial recognition images, for a small payout. Altman, a U.S. privacy campaigner, believes it is becoming harder to differentiate human activity from artificial intelligence. Worldcoin aims to establish a digital passport, a global financial and identity network based on proof of personhood.

Kenya, Portugal, Argentina, Britain, France, and Germany have initiated investigations into Worldcoin. Kenya temporarily suspended activities while assessing potential risks. Britain is monitoring Worldcoin, France announces checks, and Germany has been investigating since 2022. Portugal is scrutinizing data collection practices and coordinating with German authorities. Argentina has requested clarification on risk management procedures and personal data processing frameworks.

(With inputs from Shikha Singh)

Share

Latest News

News
RAKBank Secures Initial Approval To Issue Dirham-backed Stablecoin | 3verseTV

RAKBank Secures Initial Approval To Issue Dirham-backed Stablecoin

RAKBank is preparing to enter the UAE’s growing stablecoin ecosystem after receiving in-principle approval from the Central Bank of the United Arab...

News
JPMorgan Brings JPM Coin To Privacy-focused Canton Network | 3verseTV

JPMorgan Brings JPM Coin To Privacy-focused Canton Network

JPMorgan is taking another step toward real-time institutional settlement by issuing its JPM Coin directly on the Canton Network, a privacy-focused public...

News
Solana Mobile Confirms Jan. 21 Launch For SKR Token & Airdrop | 3verseTV

Solana Mobile Confirms Jan. 21 Launch For SKR Token & Airdrop

Solana Mobile has officially set Jan. 21 as the launch date for its SKR token, bringing clarity to one of the most...

News
Trump’s USD1 Moves Closer To Banking Status | 3verseTV

Trump’s USD1 Moves Closer To Banking Status With National Trust Filing

World Liberty Financial is moving to enhance the regulatory footing of its USD1 stablecoin by applying for a national trust bank charter...

Latest Blogs

Bitcoin Price Prediction 2025, 2026-2030: Can BTC Rally to $200K?

Will Bitcoin Reach $200k in the Future? Expert Bitcoin Price Predictions for 2025 and beyond The future direction of Bitcoin from 2025...

AI-Powered Crypto Trading Bots: The Hype, The Reality, & What Every Trader Must Know

Artificial Intelligence is transforming industries, and crypto trading is one of those affected by automation. AI-powered crypto trading bots promise emotionless execution...

Daily Trends in Web3, Crypto, AI & Blockchain

Introduction: Daily Trends in Web3 and Blockchain Technologies Web3 and blockchain technology enable users to control their data through digital standards which...

Meet the Bitcoin Founders: The Real People Behind the World’s First Cryptocurrency

Mystery of Bitcoin’s Founders The Bitcoin creator mystery has persisted for more than fifteen years because it combines technological elements with economic...

Related Articles

Bitcoin Price Prediction 2025, 2026-2030: Can BTC Rally to $200K?

Will Bitcoin Reach $200k in the Future? Expert Bitcoin Price Predictions for...

AI-Powered Crypto Trading Bots: The Hype, The Reality, & What Every Trader Must Know

Artificial Intelligence is transforming industries, and crypto trading is one of those...

Daily Trends in Web3, Crypto, AI & Blockchain

Introduction: Daily Trends in Web3 and Blockchain Technologies Web3 and blockchain technology...

Meet the Bitcoin Founders: The Real People Behind the World’s First Cryptocurrency

Mystery of Bitcoin’s Founders The Bitcoin creator mystery has persisted for more...