A British regulator has sounded the alarm over Worldcoin, amid fears about the biometric data that the controversial crypto project is gathering.
The Information Commissioner’s Office (ICO), which champions privacy for individuals, has told Decrypt that organizations need to conduct a Data Protection Impact Assessment before beginning to process “high risk” data—a key component of Worldcoin’s operations.
Co-founded by AI wunderkind Sam Altman, the crypto project is aiming to offer digital passports to millions of people by scanning their irises—and on Monday, Ethereum co-founder Vitalik Buterin raised fears that this could expose someone’s sex, ethnicity, and even certain medical conditions.
The ICO went on to warn that Worldcoin’s activities needed to be consensual and freely given—with those undergoing a scan also able to withdraw from the project without detriment.
“We note the launch of Worldcoin in the U.K. and will be making enquiries,” an ICO spokesperson said in a statement emailed to Decrypt.
It’s worth noting that the ICO has teeth in the event of serious data breaches. The r
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Author: Connor Sephton
Tip BTC Newswire with Cryptocurrency