Worldcoin Foundation Pauses Verification Services
The Worldcoin Foundation said it will use the pause to develop an onboarding program with more robust crowd control measures.
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The Worldcoin Foundation said it will use the pause to develop an onboarding program with more robust crowd control measures.
The Kenyan interior ministry said on Aug.2 that Worldcoin's activities in the country have been “suspended” in order to give government agencies an opportunity to assess the cryptocurrency project's potential risks to public safety. The country's interior minister Kithure Kindiki reportedly warned of unspecified consequences for those violating the country's laws.
Sam Altman, the founder of ChatGPT, is involved in the Worldcoin (WLD) project, which is currently facing challenges from government authorities worldwide.
Ever since its launch last month, the Worldcoin project is shifting quick gears to expand its global footprint. As part of this mission, Worlcoin has decided to share its iris-scanning technology to third parties for them to build their digital ID systems.
Worldcoin, the identity-focused crypto project co-created by Sam Altman, confirmed that it has temporarily paused services in Kenya.
As the cryptocurrency market continues to evolve, Worldcoin, a project founded by Open AI's Sam Altman, finds itself under investigation by one of Germany's top privacy regulators, the Bavarian State Office for Data Protection Supervision. The investigation, which began in November 2022, is still ongoing, according to a recent report by Reuters on July 31.
Worldcoin's ambitious move to make its iris-scanning and identity-verifying technology accessible to governments and businesses alike marks a bold step in the rapidly growing field of digital identity and financial networking. The company, co-founded by OpenAI CEO Sam Altman, is both attracting millions and drawing scrutiny over privacy concerns.
Worldcoin CEO Alex Blania discusses his company's effort to create a global network of digital identities for a world in which AI robots become harder to distinguish from humans. Users of the service scan their eyeballs to create digital credentials and are rewarded with Worldcoin tokens — though the cryptocurrency isn't available in the US.
Worldcoin plans to expand its global operations and allow organizations to use its iris-scanning and identity-verification technology
The Kenyan Government has suspended the activity of Worldcoin, the recently launched digital identity crypto project, according to an Aug. 2 statement shared by Kenya's Ministry of the Interior on its official Facebook page.
The government of Kenya has suspended the activities of the new crypto project Worldcoin as officials assess potential risks to public safety.
Kenya has suspended all Worldcoin project activities in the country until it can be confident that there are no risks to the public
Worldcoin, a new crypto project offering digital IDs via iris-scanning, has been suspended by the Kenyan government over privacy and security concerns. Kenyan Government Suspends Worldcoin's Activities Only 10 days after the official launch of Worldcoin, the project has already been suspended in one of the few countries where the company's iris-scanning device Orb was available.
Kenya's recent venture into the world of cryptocurrencies and digital identity has hit a roadblock. The government has decided to temporarily suspend all local activity associated with Worldcoin, a cryptocurrency and digital identity project, citing concerns over data security.
Worldcoin is set to expand its iris-scanning technology to companies and governments, offering solutions for identity management and promotional use.
The Republic of Kenya has suspended Worldcoin, a cryptocurrency project co-founded in 2019 by OpenAI chief Sam Altman, while the country's security and data protection services look into the authenticity and legality of the project, the Ministry of the Interior and National Administration said on its Facebook page on Wednesday.
Oliver Linch, CEO and general counsel of Bittrex Global, weighs in on Worldcoin's launch sparking privacy concerns in Europe.
New reports reveal that Worldcoin plans to expand its operations to sign up more users by allowing organizations and governments to access its technology.
In an ambitious move, Worldcoin, the company behind the biometric identity project, plans to extend its reach globally and provide access to its iris-scanning and identity-verification technology to other organizations, a senior manager disclosed in an interview with Reuters. With over 2.
The government of Kenya just announced a temporary halt on all activities of Worldcoin. Will Worldcoin price crash following privacy concerns?
In former East Berlin, Sam Altman's Worldcoin is scanning irises for tokens—under the watchful eye of European privacy watchdogs.
Before Worldcoin officially launched, users from Kenya registered in droves. But a new government decision may affect the project.
The Kenyan government has announced the suspension of the Worldcoin cryptocurrency project, prompting inquiries into its legality and the potential risks associated with its digital ID system.
In a striking move against a global identity crypto protocol, Kenya's Ministry of the Interior has suspended the operations of Worldcoin within the country. Worldcoin, co-founded by OpenAI's Sam Altman, has come under scrutiny for its practices in collecting iris data.
