Bitcoin News and Finance Worldcoin Claims Signups Soar in Argentina: 9.5K Users Verified in a Single Day Skip to main content

Worldcoin Claims Signups Soar in Argentina: 9.5K Users Verified in a Single Day

Worldcoin Signups Soar in Argentina: 9.5K Users Get Verified in a Single Day

The number of verifications for Worldcoin, the biometric digital ID and wallet project, has soared recently in Argentina, reaching a daily signup record in August. According to data provided by the project, Worldcoin verified 9,500 Argentine users in a single day, with only four verification stations in the country.

Wordcoin Popularity Peaks in Argentina; Project Reaches 9.5K Verifications in a Day

Worldcoin, the biometric ID and digital wallet project, has recently experienced a surge in popularity in Argentina. According to data provided by the project, Argentina reached a record for signups during August, registering more than 9,500 verifications in a single day.

Worldcoin project co-founder and CEO of Tools for Humanity Alex Blania attributed this high demand to the interest Argentine citizens have in crypto and innovative tech tools. At the Ethereum Argentina Mainnet Stage, he stated:

I think the first major thing that stands out is that Argentina specifically is one of the most crypto-forward countries in the world.

Furthermore, Blania explained that the combination of this crypto forward thinking and tech advancements made Argentina fertile ground for this kind of initiative. Blania detailed that the country was considered an “explosive building ground for the next wave of innovation in this space.”

The high popularity of the project in Argentina also propelled World App, the digital wallet app of the Wordcoin project, to occupy the first place in the Apple App Store temporarily, followed by apps like Mercado Pago, Whatsapp, and Tiktok. Worldcoin achieved this milestone with only four verification “Orbs” — Wordcoin’s iris scanning devices — located in Buenos Aires, Mar del Plata, Cordoba, and Mendoza.

Legal Challenges

Nonetheless, the high popularity of the project in Argentina has put Worldcoin in the sights of regulators, which ordered a probe into the project and its data treatment procedures.

On August 7, the Public Information Access Agency (AAIP), the data comptroller organization in the country, sent a letter to the Worldcoin Foundation, prompting it to comply with the Argentine Personal Data Protection Act, which mandates any project that requires customer data to register with the organization and report on the measures the project takes to preserve the confidentiality of its users.

In other countries, Worldcoin has also faced heavy scrutiny by governments. Kenyan, Bavarian, and French data regulators are preparing actions against Worldcoin.

What do you think about the popularity of Worldcoin in Argentina, even when facing legal challenges? Tell us 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