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With prominent venture capital firms backing Worldcoin, the project undoubtedly holds significant financial clout. However, the road to a universally adopted iris-scanning identity system appears to be riddled with regulatory roadblocks and privacy concerns.
Worldcoin faces regulatory scrutiny as the Portugal data regulator CNPD has instructed a 90-day pause on personal data collection.
The response of the Portuguese community and authorities regarding Worldcoin's move
Portugal has reportedly put the brakes on Worldcoin's biometric data collection efforts. As Reuters reported Tuesday (March 26), the country's data regulator has ordered Worldcoin to halt its data collection for 90 days.
Portugal's CNPD orders a 90-day halt to Worldcoin's biometric data collection, citing risks to citizens' privacy rights.
The regulator ordered that Worldcoin cease collecting data from users in the country for 90 days citing a high risk to citizens' data protection rights.
A project closely tied to OpenAI CEO Sam Altman faces another temporary ban in Europe as Worldcoin attempts to grow signup numbers.
In what comes as a noteworthy setback for Sam Altman's AI-meets-crypto project, Worldcoin, Portugal regulators recently took a stand against the cryptocurrency project, scrutinizing its data collection endeavors nationwide. This roadblock encountered by one of the most renowned AI-based crypto projects promptly nabbed global attention, aligning with the worldwide scrutiny recently witnessed surrounding this newly
Portuguese data protection watchdog CNPD has ordered Worldcoin (WLD) to halt biometric data collection for 90 days. That follows massive complaints from citizens within the past month. The regulator has yet to confirm the reason behind the suspension, but it seems to involve legal developments.
Portugal's data regulator has ordered Sam Altman's iris-scanning project Worldcoin to stop collecting biometric data in Portugal for 90 days, the regulator said in a statement on Tuesday.
Why choose privacy coins and financial anonymity? This guide cuts through the jargon to showcase how these digital assets empower you with transaction secrecy and untraceable fund movement.
The Need for Enhanced Privacy and Security: In recent years, the internet has become an integral part of everyday life, facilitating various online activities from communication to financial transactions. However, this widespread connectivity has also exposed individuals to risks such as identity theft, data manipulation, and unauthorized access to personal information.
Worldcoin Foundation has released the core components of Orb software on GitHub, under the MIT/Apache 2.0 dual license.
Worldcoin, a pioneering altcoin, is taking a bold step forward with the introduction of a groundbreaking data custody feature. This innovative initiative promises to revolutionize the way users manage their data, offering unprecedented levels of control and security.
Worldcoin has launched a privacy feature that would give its users control over their data.
The U.S. government has attempted to persuade Kenyan officials to lift the suspension of Worldcoin's operations in the country, but these overtures have been rejected, the Kenyan Interior cabinet secretary has said. The Kenyan government is also considering restricting officials' use of the social media platform Tiktok.
Worldcoin Foundation, the organization behind a digital asset protocol developed by OpenAI co-founder and CEO Sam Altman, announced on Friday its decision to open-source key components of its Orb technology. This move is aimed at promoting trust, transparency, and collaborative development within the community.
Worldcoin has taken a significant step forward by making its Orb software open-source. This move aligns with Worldcoin's broader mission to democratize access to the global economy.
Worldcoin introduces Personal Custody, enhancing user control over biometric data generated via iris-scanning orbs for secure ID verification.
With the market's volatility, the Worldcoin price has seen significant changes recently. From reaching the ATH value of $11.82 to falling to a week low of $7.24, the token is trying to manage to stay stable.
Is WLD price about to explode and reach $15? Let's take a look at this Worldcoin price prediction article in more detail.
Worldcoin's implementation of Personal Custody changes digital identity verification, focusing on user data control and security.
By publishing its core technology on GitHub, the group hopes to increase transparency around its "humanness" authentication scheme.
The formation of a bullish flag pattern hints the buyers take a minor pullback before an aggressive up rally. Amid the current mark correction trend, the Worldcoin price witnessed an immediate reversal from the high of $11.97.
