Worldcoin Tests Facial Recognition for World App

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Coin68
09-20
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Worldcoin project begins testing facial recognition technology in select areas.

Worldcoin tests facial recognition for World App. Photo: Worldcoin

Worldcoin announced that World App users will be the first to experience facial recognition technology. The new feature will compare faces 1:1, ensuring that only people who have authenticated their World ID via the Orb device can access the app. This step is taken to enhance security when logging in, shopping online, and making financial transactions.

Introducing Face Auth, even more security for your World ID 🫡 pic.twitter.com/3OJ4s7lABp

— Worldcoin (@ Worldcoin) September 19, 2024

Currently, World App's facial recognition feature is in beta testing in some regions.

According to the company, there are currently about 6.7 million people who have verified their identity through Worldcoin's iris-scanning orb, and about 15 million individuals globally using the World App wallet . Those who scan their irises to confirm their “identity” and create a World ID will receive WLD Token from Worldcoin. Sam Altman, CEO of OpenAI and co-founder of Tools For Humanity, is the project's lead developer.

In addition, Worldcoin is also working to improve its reputation with government agencies. Today's move is also a testament to that. Launches in countries such as Poland, Austria, and Malaysia have helped Worldcoin grow stronger.

However, this initiative also encountered many legal obstacles, because it attracted investigations in many countries, including Kenya , India, Brazil, France , Germany , England , Hong Kong ...

Last month, Colombia accused Worldcoin of violating personal data protection regulations and the project, valued at $1 billion, is alsoat risk of being "killed" there.

Another blow for Worldcoin was the temporary ban in Spain . Since then, Worldcoin has immediately stopped storing and encrypting customers’ biometric data, providing peace of mind to consumers.

While Worldcoin has always claimed to protect privacy and only use biometric data to verify identity when users create World IDs, the Token Issuance in exchange for irises is enough to raise concerns from government agencies, especially in Europe, where personal data security is a highly sensitive issue.

In other developments, Worlcoin is busy developing its own layer-2 World Chain - designed to make Worldcoin more efficient by helping authenticated users enjoy additional incentives when trading (speed, Gas Price...) and limiting bot attacks for profit.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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