Survey Shows Strong Support for Worldcoin’s Return to Spain
A recent survey conducted by Tools for Humanity (TFH) reveals that almost 90% of World ID holders in Spain are in favor of the return of Worldcoin (WLD). The survey, which gathered responses from over 21,000 participants, also highlights the importance of World ID in building online trust, with 82% of respondents emphasizing its significance.
The Voluntary Pause on Operations
TFH has decided to extend the pause on Worldcoin orb operations in Spain voluntarily. This extension is intended to allow the Bavarian Data Protection Authority (BayLDA) sufficient time to complete its audit of Worldcoin’s compliance with the General Data Protection Regulation (GDPR). The audit, which has been ongoing for more than a year, has the full cooperation of TFH.
- This pause will remain in effect until the end of 2024 or until the conclusion of the BayLDA consultation process with other EU data protection authorities, whichever occurs first.
Implementation of Enhanced Privacy and Security Measures
TFH has introduced several new measures to address privacy concerns and enhance security. These measures include:
- Advanced age verification controls.
- Conversion of old iris codes into Secure Multi-Party Computation (SMPC) shares to facilitate their deletion.
- Offering an optional World ID unverification feature that allows users to delete their iris codes.
The Spanish Data Protection Agency (AEPD) has recognized and commended these efforts, closely monitoring the project’s adherence to data protection regulations.
Positive Survey Results and Community Backing
The survey outcomes reflect strong community support for the reintroduction of Worldcoin in Spain. Thomas Scott, the Chief Legal Officer at Tools for Humanity, underscores the importance of World ID technologies in distinguishing between bots and humans online. Scott stated, “Our commitment demonstrates how dedicated Tools for Humanity and all contributors to the Worldcoin project are in explaining the project to AEPD and allowing BayLDA to thoroughly review the project and its technology.”
- TFH’s decision to prolong the pause on operations underscores its dedication to transparency and regulatory compliance, aimed at fostering trust with regulatory bodies and the public.
Hot Take: Embracing Transparency and Compliance
In conclusion, the strong support for Worldcoin’s return to Spain, coupled with TFH’s proactive approach to privacy and security, showcases a commitment to transparency and regulatory compliance. By prioritizing the needs and concerns of its community and regulatory bodies, TFH aims to build trust and credibility, setting a positive example for projects in the crypto space.
Blount Charleston stands out as a distinguished crypto analyst, researcher, and editor, renowned for his multifaceted contributions to the field of cryptocurrencies. With a meticulous approach to research and analysis, he brings clarity to intricate crypto concepts, making them accessible to a wide audience. Blount’s role as an editor enhances his ability to distill complex information into comprehensive insights, often showcased in insightful research papers and articles. His work is a valuable compass for both seasoned enthusiasts and newcomers navigating the complexities of the crypto landscape, offering well-researched perspectives that guide informed decision-making.
