Worldcoin (WLD), a cryptocurrency company that aims to provide a universal digital identity, has launched World ID 2.0 promising improvements in the privacy and security of digital identity, making it more accessible to a wider audience.
World ID 2.0 uses an iris scanning method that is faster and more accurate than the previous method and also includes new privacy features, such as the ability to choose to share only the information necessary to create their digital identity.
Additionally, Worldcoin has implemented security measures to protect user information from unauthorized access.
To date, more than 10 million World IDs have been distributed worldwide, and the company plans to distribute 1 billion by 2025.
Controversy over Privacy
Privacy is a major concern for many users and is a source of controversy in the online community.
Iris scanning is a secure method but can be used to collect sensitive data.
Worldcoin collects a variety of biometric data, including iris, fingerprint, and voice.
The company states that this data will only be used to create users' digital identities and will not be sold or shared with third parties, however, some users are concerned about the possibility of this data being used for unauthorized purposes, such as surveillance or identity theft .
Furthermore, there are fears that the centralization of Worldcoin could abuse its powers or that the data could be compromised, as there are still no controls by any government or authority of any kind.
It is no coincidence that Worldcoin was suspended in Kenya following these questions and doubts.
FOCUS ON PRICE
The price of WLD has increased approximately 57% in the last week and approximately 92% in the last month, putting the coin in position number 141 by market capitalization (approximately USD 390,559,500)
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