Vitalik Buterin, one of the co-founders of Ethereum, has once again praised the efforts of the Worldcoin (WLD) team in enhancing privacy measures on their platform. In a recent post on X, Buterin commended Worldcoin for their proactive approach in addressing privacy concerns raised by critics. He acknowledged the team’s dedication to minimizing data usage, stating, “IMO, they actually have been doing quite a good job of taking the privacy critiques seriously and designing their system to be more and more data-minimal.”
This positive statement from Buterin comes after the CNPD, the data regulator in Portugal, ordered Worldcoin to cease collecting biometric data for a period of 90 days. This is the latest regulatory setback for Worldcoin’s iris-scanning project, which has faced privacy concerns in various countries.
In response to this development, a user named Louis Anslow on X pointed out the irony of the situation by mentioning that he had his privates scanned in Portugal in 2021 using a German orb. Buterin, in turn, commented on this premise, acknowledging the Worldcoin team’s commendable efforts in managing criticism towards their iris-scanning project and data collection practices. He also expressed admiration for the modern cryptography that the team is advocating.
This recent endorsement reaffirms Buterin’s previous remarks, in which he suggested that Worldcoin’s commitment to privacy protection surpasses that of other centralized authentication solutions.
The Worldcoin Scanning Program allows individuals to sign up by having their iris scanned, without the need for traditional identification details such as name, physical address, email address, or phone number. Worldcoin incentivizes participants to undergo facial scans by offering a digital ID and free crypto, WLD. According to their website, over 4.6 million people from 120 countries have registered for this program.
While Worldcoin has been well-received in countries like Argentina, it has faced regulatory concerns in others, such as Kenya. Portugal is the latest addition to the list of countries scrutinizing the Worldcoin iris-scanning project. The data regulator in Portugal expressed concerns earlier this week about the potential threat to citizens’ data protection rights, citing a high risk that requires immediate intervention to prevent serious harm. The regulator revealed that over 300,000 individuals in Portugal have submitted their biometric data to Worldcoin.
Please note that the information provided in this article is for informational purposes only and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions, and The Crypto Basic is not liable for any financial losses incurred.