Langsung ke konten utama

Report: French Privacy Regulator Probes Worldcoin’s Biometric Data Practices

Report: French Privacy Regulator Probes Worldcoin's Biometric Data Practices

The French oversight agency, National Commission on Informatics and Liberty (CNIL), has raised doubts about the legality of Worldcoin’s biometric data collection methods. Besides questioning the legitimacy of its data acquisition processes, CNIL is also delving into how this biometric data is stored. Notably, Worldcoin has collected this data for over two million registrants who have participated in its project.

French Regulator CNIL Questions Worldcoin’s Biometric Data Storage

Worldcoin debuted last Monday, and based on available data and footage of individuals enrolling, the venture has been amassing momentum and recognition. In an email conversation with Reuters, CNIL disclosed to the media outlet that it was scrutinizing Worldcoin’s data gathering and has initiated inquiries. “The legality of this collection seems questionable, as do the conditions for storing biometric data,” CNIL informed the news platform.

Ahead of launching its worldcoin (WLD) token, Worldcoin asserted it had already enlisted more than 2 million users. As of now, over 300,000 WLD token holders exist, and on July 29, 2023, WLD documented upwards of 1 million transactions. Moreover, the CEO of Openai and co-founder of Worldcoin, Sam Altman, presented a video revealing Worldcoin registrants queuing up to undergo iris scans and shared that an individual was being scanned “every 8 seconds.”

Even prior to Worldcoin’s introduction, the project encountered backlash, and an article published by MIT Technology Review detailed accusations of deceit and exploitation. In October 2021, former NSA contractor and whistleblower Edward Snowden criticized the iris scanning initiative telling Altman they should abstain from cataloging people’s eyeballs. In correspondence with Reuters, the French regulator disclosed its commencement of investigations into Worldcoin.

CNIL also highlighted that Bavarian authorities are collaborating with the regulator in examining Worldcoin’s data collection practices. The Worldcoin Foundation responded to Reuters’ request for comment concerning the investigation. The foundation noted that it falls under the jurisdiction of the European Union and Bavarian authorities such as the Bavarian State Office for Data Protection Supervision. “[Worldcoin] is designed to protect individual privacy and has built a robust privacy program,” the Worldcoin Foundation stated in its email.

Additionally, the group emphasized that the project adheres to all laws and regulations within every jurisdiction where Worldcoin operates. “The project will continue to cooperate with governing bodies on requests for more information about its privacy and data protection practices,” the Worldcoin Foundation added.

What do you think about the French privacy regulator investigating Worldcoin’s practices? Share your thoughts and opinions about this subject in the comments section below.



source https://news.bitcoin.com/report-french-privacy-regulator-probes-worldcoins-biometric-data-practices/

Komentar

Postingan populer dari blog ini

Kucoin Hacked for $150 Million in Bitcoin; Bitfinex and Tether Freeze $33 Million of the Stolen Funds

Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Singapore-based exchange confirmed the September 25 security breach, but did not disclose the amount stolen. “Bitcoin, ERC-20 and, other tokens in Kucoin’s hot wallets were transferred out of the exchange,” said Kucoin in an update on Saturday. Meanwhile, Bitfinex and Tether, issuers of the centralized stablecoin USDT , immediately froze a combined $33 million worth of USDT suspected to be part of the funds looted in the Kucoin hack – an action that has stirred questions around the influence of centralized platforms. Paolo Ardoino, chief technology officer of both entities, tweeted that Bitfinex froze $13 million USDT on EOS as part of the hack. Tether froze $20 million USDT “sitting on this ethereum address as a precautionary measure,” he said. In its update, Kucoin maintains that funds in its cold wallets (offline storage, which is less susceptible to hacks) ar...

Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit

Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against it. The leading cryptocurrency exchange urges the court to reject the agency’s attempt to expand its territorial reach beyond the United States. Binance Accuses CFTC of Using U.S. Lawsuit as a ‘Trojan Horse’ to Gain Global Regulatory Reach The world’s largest digital assets exchange, Binance, has again tried to convince a U.S. court to dismiss the lawsuit in which America’s derivatives markets regulator alleged earlier this year that the crypto company had violated U.S. trading and derivatives rules. The CFTC sued Binance and its CEO Changpeng Zhao (CZ) in March, claiming that at least since July 2019, the exchange had offered and executed commodity derivatives transactions on behalf of U.S. persons. Binance sought to dismiss the complaint in July which the Commission disputed in September. In its latest filing , the crypto giant argues that the regulat...

Pi Network: Menambang Cryptocurrency Gratis dan Anti Monopoli

Pi Network - Mulai Menambang Gratis Pi Network: Menambang Cryptocurrency Gratis dan Anti Monopoli Pi Network adalah proyek cryptocurrency yang memungkinkan Anda menambang Pi Coin secara gratis dan tanpa perangkat keras canggih. Hanya dengan menggunakan ponsel Anda, Anda bisa bergabung dalam jaringan blockchain yang sedang berkembang ini. Potensi Pi Network: Dengan semakin banyaknya pengguna, Pi Coin bisa menjadi mata uang digital yang sangat berharga di masa depan. Menambang Anti Monopoli: Tidak seperti penambangan tradisional, Pi Network memungkinkan siapa saja untuk berpartisipasi tanpa memerlukan perangkat keras mahal. Cara Menambang: Cukup unduh aplikasi Pi Network, daftar, dan mulai menambang hanya dengan menekan tombol di aplikasi setiap hari. Mulai Menambang Pi Network Gratis