• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Brazilian Regulators Stop World from Collecting Biometric Data

user avatar

by Giorgi Kostiuk

a year ago


Brazil's data protection authority has directed Sam Altman's World to cease collecting biometric data from citizens in exchange for crypto rewards, citing legal violations.

World Project and Biometric Data Collection

World, formerly known as Worldcoin, is a project co-founded by Sam Altman and developed by Tools for Humanity. The initiative aims to create a universal digital identity using iris biometrics. This process involves scanning people's irises with a device called the “Orb” to create secure digital identities. Initially, the project offered cryptocurrency rewards for providing biometric data, such as iris scans, to facilitate equitable access to financial services and digital identity in an AI-driven world. However, Brazilian authorities have raised concerns about this approach, particularly regarding the use of financial incentives to secure user consent.

The Issue of Consent and Brazilian Legislation

Brazil’s data protection laws require that consent for processing personal data be free, informed, and explicitly given. The Brazilian data protection authority believes that offering crypto compensation may compromise the voluntariness of consent. The core issue is that financial incentives might unduly influence individuals' decisions, especially in vulnerable situations, leading to consent that isn't wholly voluntary or informed. Concerns also arise regarding the storage and usage of biometric data, as such data is immutable and has significant privacy implications.

Tools for Humanity's Response to Allegations

Tools for Humanity denies any wrongdoing and emphasizes its commitment to complying with Brazilian data protection laws. The organization stated that its intentions in Brazil are genuine and that it seeks to continue offering services to the populace. Tools for Humanity plans to engage with the Brazilian data protection agency to resolve the issues concerning the project's importance. The company also highlights its data safeguarding measures, such as data minimization and user control over information, including iris code deletion. Quote from World: "World is compliant with all laws and regulations in Brazil. Recent inaccurate reports and social media activity have resulted in the ANPD having false information. We are in contact with the ANPD and are confident we can work with them to ensure the continued ability of all Brazilians to fully participate in the World network."

The situation surrounding the World project underscores the significance of adhering to privacy standards and the necessity of clear consent in collecting and using biometric data. Negotiations with Brazilian regulators lie ahead for the company to resolve the current disagreements.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Poland's Central Bank Plans Major Gold Purchase

chest

Poland's central bank plans to purchase 150 tons of gold, causing a surge in gold prices.

user avatarLuis Flores

CNBC Vice President Almost Falls Victim to Coinbase Phishing Scam

chest

Jason Gewirtz, CNBC's news VP, nearly fell for a Coinbase phishing scam when a caller impersonating a security representative claimed there was suspicious activity on his account.

user avatarArif Mukhtar

Avalanche Launches Build Games Competition with $1 Million Prize Pool

chest

Avalanche AVAX has launched a six-week global online competition called Build Games, offering $1 million in prizes to developers building new products and experiments on its blockchain network.

user avatarMaria Gutierrez

Apple Set to Launch First Foldable Smartphone

chest

A Wall Street analyst predicts that Apple will launch its first foldable smartphone later this year, shaking up a market currently dominated by Samsung.

user avatarDavid Robinson

Analyst Lowers Apple Price Target Amid Margin Pressure

chest

Citi analyst Atif Malik has lowered his price target for Apple stock from $330 to $315, citing margin pressure from rising memory chip costs, while maintaining a Buy rating.

user avatarAndrew Smith

Investors Reconsider Portfolios Amid Market Volatility

chest

Investors are facing a dilemma between digital assets and tangible value as cryptocurrencies fluctuate and silver prices soar.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.