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Worldcoin project operations have been abruptly halted in Hong Kong.

HK's privacy watchdog ordered Worldcoin to delete all collected iris biometric data, citing privacy law violations and lack of transparency. The post Hong Kong orders Worldcoin to stop collecting iris biometric data appeared first on Crypto Briefing.

PCPD demanded that Worldcoin immediately cease using its orb devices to gather data. There were no Chinese translations of the Privacy Statement or the Data Consent Form.

Hong Kong's privacy regulatory body has mandated the cessation of operations by the Worldcoin Foundation within its jurisdiction, citing breaches of local privacy statutes.

Hong Kong's privacy watchdog has ordered Worldcoin to halt operations in the city due to the project's "unnecessary and excessive" collection of face and iris scans

Hong Kong authorities have banned the Web3 project, Worldcoin, from operating in the country. The Hong Kong Office of the Privacy Commissioner for Personal Data (PCPD) claimed that Worldcoin violated the region's privacy regulations.

Hong Kong's Office of the Privacy Commissioner for Personal Data (PCPD) has prohibited Worldcoin from collecting data in the region due to privacy violation concerns, according to a May 22 notice. The privacy regulator alleged that Worldcoin collected iris and facial images from 8,302 residents using an iris-scanning device.

Worldcoin exits Hong Kong unceremoniously following data privacy concerns by the government.

The privacy agency said it has instructed Worldcoin to cease all operations in Hong Kong as it violates local privacy rules.

Hong Kong's privacy regulator has found that Worldcoin contravened local privacy laws, required the Worldcoin Foundation to cease all operations in the region.

The PCPD ruled that Worldcoin's retention of sensitive biometric data, including face and iris images, for up to 10 years solely for AI model training was unjustified.

Sam Altman's iris-scanning project Worldcoin (WLD) faces yet another setback and this time it's from the Hong Kong Office of the Privacy Commissioner for Personal Data (PCPD). In the latest development, Privacy Commissioner Chung Lai-ling ruled that Worldcoin violated the privacy ordinance.

The Office of the Privacy Commissioner for Personal Data (PCPD), Hong Kong, has reportedly completed its investigation into Worldcoin.

This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%.

While the price action and market sentiment favored the sellers, the daily active addresses were rising firmly.

Here is how some of your favorite assets concluded the week.

Worldcoin's new open-source SMPC system offers advanced protection for biometric data, highlighting how open-source approaches improve security.

Worldcoin's World Chain will boost scalability and user experience, prioritizing human-verified transactions and reducing fees.

Just recently, the Worldcoin foundation, alongside TACEO, applied new secure multi-party computation (SMPC) for Machine Learning to Iris codes. The latest developments allow Worldcoin to establish an individual's uniqueness.

The Worldcoin Foundation has released a new open-source system to safeguard sensitive information more effectively. This system, now accessible in a GitHub repository, allows any organization to adopt these advanced data protection measures.

Worldcoin Foundation has introduced a new system using Secure Multi-Party Computation (SMPC) for biometric template protection, developed with cryptography engineers from TACEO. The advancement has allowed the foundation to securely delete the previous iris code system.

In a bold move towards bolstering privacy and security within its ecosystem, Worldcoin has unveiled a groundbreaking Secure Multi-Party Computation (SMPC) system, accompanied by the secure deletion of old iris codes. This development has sent ripples through the cryptocurrency market, particularly impacting Worldcoin's native token, WLD, which has experienced a significant surge in value.

Worldcoin (WLD) is currently navigating a challenging market environment. Despite a significant price surge in early 2024, WLD has faced a persistent downward trend, failing to penetrate the daily Ichimoku Cloud, which signals a bearish sentiment.

The Worldcoin Foundation has introduced an open-source system to enhance security for sensitive data.