French Regulator Questions Worldcoin's Iris Scanning Procedure
Sam Altman’s newly established crypto currency venture, Worldcoin , has been drawing regulatory attention, with France being the latest country to take notice. The French privacy watchdog, CNIL, has acknowledged the launch of Worldcoin by the co-founder of ChatGPT. However, the regulator has raised concerns about the legality of the company’s biometric data collection practices. According to a recent report, CNIL suggested that the iris scanning that Worldcoin requires “seems questionable.” CNIL said, “Worldcoin collected data in France, and the CNIL initiated investigations.” This distinctive project has garnered attention due to its unique verification process. This involves iris scanning, setting it apart from typical crypto projects. To achieve full verification, users are required to scan their irises using a customized device called Orb. This German-manufactured product creates a unique identifier. Currently, there are about 200 Orb...