Mexico Launches Inquiry Into Worldcoin's Biometric Data Collection Practices

Worldcoin has sparked controversy across global jurisdictions. Worldcoin's aim is to create a universal digital identity system using biometric data

Mexico Joins Global Scrutiny of Worldcoin's Biometric Data Collection

Worldcoin, a cryptocurrency project aiming to create a universal digital identity system, has faced legal challenges and regulatory scrutiny in several countries due to its collection of biometric data, specifically iris scans.

Mexico's National Institute for Transparency, Access to Information and Personal Data Protection (INAI) has launched an official inquiry into Worldcoin following complaints from citizens regarding their personal data security concerns. The institute is investigating the project's operations for potential violations of personal data rights.

Worldcoin's method involves using a device called "Orb" to scan a person's iris to verify their identity and issue digital tokens. This process has raised concerns about the depth and security of the data collected, leading to apprehensions from privacy advocates and regulatory bodies.

Several countries, including France, Germany, the UK, and Kenya, have expressed reservations or initiated investigations into the project due to its large-scale collection of sensitive biometric data.

The concerns primarily revolve around the ethical implications and the legal framework surrounding the collection, storage, and potential use of biometric data. Critics argue that despite Worldcoin's assurance of not retaining personal identifiers, the mere accumulation of iris scans poses a significant risk of data breaches and misuse.

Moreover, there are allegations that the project's lack of transparency in its operational processes and data handling may infringe upon users' privacy rights, highlighting the need for stringent regulatory oversight to protect individual privacy in the digital age.

Worldcoin's Defense

In response to the backlash, Sam Altman, the initiative's backer, has defended the project, stating that it is a necessary evolution in digital verification to combat the rise of bots. He insists that Worldcoin operates with a high regard for privacy and complies with all applicable laws, emphasizing that the technology was designed to secure user identity comprehensively.

As the debate unfolds, the crypto and tech communities are closely watching the outcomes of regulatory reviews and the impact of these findings on the future of digital identity verification.

Worldcoin (WLD) is currently trading at $1.79, showing a daily decrease of 0.90%. In the past week, it has dropped 10.84%, though it has gained 11.64% over the past month, reflecting mixed performance. The trading volume over the last 24 hours is approximately $122.55 million, indicating moderate activity.

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