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

Colombian Watchdog Investigates Worldcoin for Potential Data Protection Breaches

user avatar

by Giorgi Kostiuk

a year ago


  1. Case in Colombia
  2. Issues in Other Countries
  3. Implications for Worldcoin

  4. Colombia’s watchdog, the Superintendence of Industry and Commerce (SIC), has launched an investigation into the decentralized identity project Worldcoin, backed by Tools for Humanity. The project is accused of violating Colombia’s data protection laws.

    Case in Colombia

    Worldcoin has deployed its Orb devices in 25 locations across Colombia, including the capital city Bogota, Medellin, Cartagena, and Barranquilla. The SIC's main concern is whether Worldcoin and Tools for Humanity are adhering to Colombia’s personal data protection rules, particularly regarding the collection and processing of sensitive information.

    If found guilty of breaching data protection laws, Worldcoin could face severe consequences. The SIC has the authority to impose economic sanctions on the project and may also shut down its operations in Colombia for six months or permanently.

    Issues in Other Countries

    Colombia isn’t the first country to scrutinize Worldcoin’s activities. In July 2023, the Kenyan government halted Worldcoin’s operations due to data protection concerns. Kenyan authorities were worried about how Worldcoin was handling the biometric data collected from over a million users.

    Earlier this year, Spain also took action against Worldcoin. The Spanish Data Protection Agency (AEPD) temporarily banned the project and demanded explanations regarding its biometric data handling processes.

    Argentina has also raised concerns about Worldcoin’s practices. Although no official ban has been imposed, critics argue that Worldcoin is exploiting vulnerable populations and are calling for government intervention to protect citizens from potential data misuse.

    Implications for Worldcoin

    If the allegations are proven true, the repercussions for Worldcoin could be significant. Economic sanctions and temporary or permanent shutdowns in multiple countries could severely affect the project's reputation and financial health.

    The situation surrounding Worldcoin is still developing, and the outcome of the Colombian watchdog’s investigation could have a substantial impact on the project’s future and its interactions with regulators worldwide.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Google's Gemini 3 Enhances AI Overviews for Better Search Quality

chest

Google's latest AI model, Gemini 3, enhances the quality and accuracy of search responses as the default engine for AI Overviews globally.

user avatarMiguel Rodriguez

Fusaka Upgrade Enhances Ethereum's Onchain Capacity

chest

The Fusaka upgrade has significantly improved Ethereum's data capacity and transaction processing capabilities.

user avatarElias Mukuru

Ether Price Faces 15.9% Correction, Liquidations Triggered

chest

Ether experienced a 15.9% price correction, leading to significant liquidations of bullish leveraged positions.

user avatarDiego Alvarez

Ethereum Records 164 Million Weekly Transactions Amid Scaling Improvements

chest

Ethereum's network activity remains strong with 164 million onchain transactions logged, while layer 2 networks see significant growth.

user avatarMohamed Farouk

GTreasury Unveils Ripple Treasury: A Game-Changer in Corporate Treasury Management

chest

GTreasury has launched Ripple Treasury, a groundbreaking platform designed to enhance corporate treasury management by addressing operational complexity and supporting product innovation.

user avatarKenji Takahashi

UK Government Partners with Meta to Enhance Public Services through AI

chest

The UK government collaborates with AI specialists and Meta to develop open-source tools aimed at improving public services and national security.

user avatarMaria Fernandez

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.