Aimed at verifying users through retinal scans, prompting widespread concern about data privacy, the cryptocurrency project launched its token in July
Over potential security and data privacy issues surrounding the company’s use of customer data, Argentina’s Agency for Access to Public Information (AAIP) has joined a growing list of governments probing cryptocurrency project Worldcoin.
The AAIP in Argentina has announced its investigation into Worldcoin’s data collection, storage, and usage practises following data privacy concerns raised by authorities in Germany, France, and Kenya. Aimed at verifying users through retinal scans, prompting widespread concern about data privacy, the cryptocurrency project launched its token in July.
For users who submit personal details, particularly sensitive biometric information, the AAIP highlights the importance of providing clear and accessible information regarding the assignment, use, and purpose of collected and processed data.
Before its token launch in July, Worldcoin had gathered more than 2 million accounts. Data privacy concerns led Germany’s Bavarian State Office for Data Protection Supervision to launch an investigation as the company distributed retinal scanners. The project’s data collection methods were criticised as “questionable” by the French National Commission on Informatics and Liberty.
While the firm’s potential risks are assessed, Kenya’s internal security minister announced the suspension of local Worldcoin operations. Seizing equipment believed to contain user data, Kenyan authorities also reportedly raided a Worldcoin property.
Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter
About us:
CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics
