Worldcoin Earns Approval From Ethereum Founder For Privacy I...

A battle between technological advancement and data privacy is brewing around Worldcoin, a project offering digital identity and cryptocurrency in exchange for iris scans. While Ethereum co-founder Vitalik Buterin applauds Worldcoin's efforts to strengthen privacy measures, Portugal's data regulator has thrown a wrench into the program by halting biometric data collection for 90 days. Worldcoin's system hinges on a unique approach. Instead of traditional signup methods like name and address, users submit iris scans to create a digital ID. This anonymity is incentivized by offering free WLD cryptocurrency tokens. The program has garnered over 4.6 million users globally, but concerns about data privacy have dogged it from the start. Buterin Praises Worldcoin In Addressing Privacy Issues Buterin, a crypto heavyweight, seems to stand by Worldcoin. He recently commended the team's "data-...