Published by
Benzinga
Benzinga
The Worldcoin project (WLD), led by OpenAI CEO Sam Altman, has been under investigation by German and French data protection authorities due to concerns surrounding its large-scale handling of sensitive biometric data. Worldcoin, which debuted recently, necessitates users to provide iris scans in exchange for a digital ID and, in some regions, free cryptocurrency. This initiative is part of the project’s ambition to establish a new “identity and financial network”. The Bavarian State Office for Data Protection Supervision initiated the investigation into Worldcoin in late 2022 due to concerns …