Users told Reuters they weighed concerns over data collection against their curiosity about the project, which says it has issued IDs for more than two million people in 120 countries, mostly during a trial period in the last two years.“There’s a risk with having the data of your own eyes collected by a company, but I like to follow the most up to date crypto projects,” said Saeki Sasaki, 33.
Ali, a 22-year-old chemical engineering student who has invested some of his student loan in crypto, said he calculated that the 25 free tokens could be sold for $70 to $80 at current prices. Both Christian and Ali said they had not read Worldcoin’s privacy policy, which says that data may be passed to subcontractors and could be accessed by governments and authorities — though it also says it takes steps to mitigate risks and uses encryption to stop unauthorized access.The website of Sam Altman’s Worldcoin says the project is “completely private” and that either biometric data is deleted or users can opt to have it stored in encrypted form.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam Altman's Worldcoin is here and involves a mysterious 'orb'Sam Altman's vision for the future of currency is here — and it involves scanning your eyeballs through an 'orb'
Source: BusinessInsider - 🏆 729. / 51 Read more »