Hong Kong PCPD Orders Worldcoin to Stop Operations
The Office of the Privacy Commissioner for Personal Data (PCPD) of Hong Kong states that Worldcoin’s activities contravene the Privacy Ordinance and orders it to stop The Privacy Commissioner, Chung Liling, served the Worldcoin Foundation with an enforcement notice on May 22. The notice mandated the prompt cessation of all Worldcoin project activities in Hong […]
Worldcoin Enhances User Privacy with Open-Source Biometric System
An open-source method has been proposed by the Worldcoin Foundation to improve security for sensitive data. Biometric data gathered during Worldcoin (WLD) project registration is included in the system. It is now available on Github and uses secure multi-party computation (SMPC) to distribute data across several places, protecting it. The process entails “taking one secret […]
Worldcoin Launches its own ‘Human-Centric’ Blockchain Network
Using Optimism’s OP Stack, Worldcoin, an identity platform that uses iris scanning, intends to launch World Chain this summer. Given that Worldcoin activity accounts for almost 43% of all transactions on Optimism, World Chain’s debut tackles capacity issues on its current platform. With support from AI pioneer Sam Altman, the platform seeks to authenticate users […]
Worldcoin Introduces New Privacy Measures, User Control Options
Worldcoin introduced the option to permanently delete iris codes to authenticate World IDs in response to mounting criticism. Nearly five million people have registered for the program, which issues digital World IDs to participants after verifying their personhood through iris scanning. Worldcoin (WLD) now offers users the option to permanently erase their “iris code,” a […]
Coinbase to List BRC-20 Token ORDI, Worldcoin Perpetual Futures
Coinbase’s institutional client-facing subsidiary announced that it would market perpetual future contracts for Worldcoin and the BRC-20 token Ordinals. Coinbase International Exchange announced in an April 5 X post that it would launch perpetual futures products for WLD and ORDI as early as April 11 and make them accessible to institutional investors on Coinbase Advanced […]