French Regulator CNIL Questions Worldcoin’s Biometric Data Storage
French regulator CNIL is currently investigating Worldcoin’s data gathering practices and storage of biometric data. The legality and conditions of this data collection are being questioned by CNIL.
- Worldcoin claims to have already enrolled over 2 million users and has more than 300,000 WLD token holders.
- Worldcoin has documented over 1 million transactions as of July 29, 2023.
- CEO Sam Altman shared a video showing individuals undergoing iris scans for registration, with someone being scanned every 8 seconds.
- Worldcoin faced criticism even before its launch, with accusations of deceit and exploitation.
- The French regulator is collaborating with Bavarian authorities to investigate Worldcoin’s data collection practices.
The Worldcoin Foundation, in response to the investigation, highlighted that it operates under the jurisdiction of the European Union and Bavarian authorities, ensuring compliance with all laws and regulations. They also stated their commitment to privacy and data protection, and their willingness to cooperate with governing bodies for further information.
Hot Take:
The investigation by French regulator CNIL raises concerns about Worldcoin’s data gathering practices and the storage of biometric data. It remains to be seen how this scrutiny will impact the future of Worldcoin and its ability to protect individual privacy.
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