• 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

Historical Debt Patterns Suggest Potential Market Corrections Ahead

chest

Recent data indicates that US margin debt as a percentage of the M2 money supply has reached alarming levels not seen since the financial peaks preceding the 2000 dotcom bubble and the 2007 crisis.

user avatarLi Weicheng

Cheems Highlights Cultural Relevance in Crypto Projects

chest

Cheems is emerging as a key player in the crypto market by emphasizing cultural relevance and community engagement.

user avatarLeo van der Veen

Crypto Market Shifts Focus to New Projects

chest

As the crypto market experiences uncertainty, traders are increasingly turning their attention to new projects, moving away from established assets towards innovative initiatives.

user avatarAisha Farooq

Growing Competition in the SUI ETF Market

chest

Bitwise is competing with other asset managers like Grayscale and 21Shares to launch the first approved spot SUI ETF in the US market, highlighting increasing competition.

user avatarTenzin Dorje

Bitwise Submits Form S1 for Spot SUI ETF

chest

Bitwise has submitted a Form S1 registration statement to the SEC for a spot SUI ETF, aiming to expand regulated ETF access to Layer 1 assets.

user avatarBayarjavkhlan Ganbaatar

MakroVision Analyzes Solana's Short-Term Technical Outlook

chest

MakroVision's latest review indicates Solana's price is reacting at key support levels after recent selling pressure, but the overall structure remains fragile.

user avatarMohamed Farouk

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.