Bitcoin News and Finance Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices Skip to main content

Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices

Bavaria's Data Protection Office Launches Probe Into Worldcoin's Iris-Scanning Data Practices

Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations by Kenya’s Office of the Data Protection Commissioner (ODPC) and France’s National Commission for Informatics and Liberty (CNIL), who also announced probes into the Worldcoin project for like-minded apprehensions.

Three International Jurisdictions Investigate Worldcoin’s Data Collection Methods

Various jurisdictions’ data regulators are diligently examining Worldcoin, a digital currency venture that utilizes iris-scanning biometric technology. The project’s native cryptocurrency, worldcoin (WLD), premiered last week. According to Openai CEO Sam Altman, a co-founder of Worldcoin, individuals signed up at a significant pace of every eight seconds on July 26, 2023. Nonetheless, by week’s end, France’s oversight agency, the National Commission on Informatics and Liberty (CNIL), raised concerns about Worldcoin’s data-gathering methods.

“The legality of this [data] collection seems questionable,” CNIL remarked to Reuters the previous week.

Bavaria's Data Protection Office Launches Probe Into Worldcoin's Iris-Scanning Data Practices

Subsequent to the French report, Kenya’s foremost data authority, the Office of the Data Protection Commissioner (ODPC), echoed similar misgivings about Worldcoin’s practices. Presently, Bavaria’s State Office for Data Protection Supervision (DPS) has joined the ranks of worried entities, declaring an investigation into Worldcoin as described in a Reuters article released on Monday. Bavaria’s DPS pointed out that it has examined Worldcoin since November 2022 due to its processing of “sensitive data at a very large scale.”

“These technologies are at first sight neither established nor well analysed for the specific core purpose of the processing in the field of transferring financial information,” Michael Will, the state regulator’s president, explained to Reuters through email correspondence.

The news organization contacted the Worldcoin Foundation but had not yet obtained a response regarding the issue. Upon reporting on the French data regulator, the Worldcoin Foundation claimed to have a “robust privacy program.” Moreover, the foundation indicated that it was cooperating with regulators in all jurisdictions, including Bavarian authorities. Currently, the Worldcoin project is operating 119 Orbs in 18 different countries around the world and has been expanding since it launched.

What do you think about Bavaria’s DPS launching an investigation into Worldcoin’s data collection practices? Share your thoughts and opinions about this subject in the comments section below.

Comments

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Blogarama - Blog Directory