Iris Scanning Worldcoin Idea fuels the objections of data protection officers-Snowden says Catalog does not say any eyeballs-

In the past few weeks, a project called Worldcoin has been the subject of numerous headlines and speculations. Worldcoin was introduced on October 21st and aims to be a universal basic income (UBI) crypto-asset that distributed free tokens on accounts that have been verified with a biometric eye scan. The project has faltered data protection officers and the whistleblower Edward Snowden beat the makers of the project and said: "Catalog no eyeballs".

Worldcoin twists heads in the crypto world because it wants to scan their eyeballs in exchange for free crypto

There is a new cryptocurrency project that causes a stir due to the way it distributes funds to the network participants. The project world coin was introduced to the world by Alex Blania and Sam Altman and the team hopes to make a billion people use the crypto-asset by the end of 2022. Worldcoin was started on October 21 and the founders have $ 25 million from strategic investors such as blockchange, coinbase. Collected Ventures, Andreesen Horowitz and LinkedIn co-founder Reid Hoffman.

Worldcoin is essentially a universal basic income cryptoconious, since the users of the network receive free tokens. However, the developers of Worldcoin have developed a spherical device that people have to examine in order to obtain a clear identifier. The ball essentially scans the Iris of the person to create a clear identifier and verify the user. "The Iris recognition ensures uniqueness, fraud resistance and practicality", the worldcoin introduction blog entry Details. Sam Altman was once president of the startup accelerator y combinator and had the idea two years ago.

"I was interested in things like the universal basic income and what will happen to the global wealth distribution and how we can do better. Is there a way to use technology to achieve this at a global level?" Altman Last week explained Bloomberg.

Many crypto and data protection advocates have spoken out against the WorldCoin project. The CTO of Bitfinex, Paolo Ardoinino, discussed a possible future with Worldcoin. "Imagine that you live in a cyberpunk world with a government in the style of 1984. Control and Worldcoin-aupapel scanner on every street corner", ardoino noticed on Twitter. "What kind of clothing do you need to go through the city and protect your privacy?" asked the CTO of Bitfinex.

others said that the WorldCoin project is similar to the first of 2017 offer coin fraud (ICO) fraud. "Let me summarize how bad worldcoin is", a person on Twitter emphasized . “[It Says] distributed“ fair ”, but the team gets 20 % of the offer and every larger VC is invested. The user acquisition model imitates that of an MLM (Herbalife). The data protection guideline allows you to pass on your data to third parties. [And] the name is similar to an ICO fraud from 2017. “

The popular Whistleblower Edward Snowden Sam Altmans Worldcoin-Intro-tweet also. "This looks as if it creates a global (hash) database of the Iris scans of the people (from 'fairness') and shows the effects by saying, 'We have deleted the scans'," said Snowden. "Yes, but they save the *hashes *that were generated by the scans. Hashes, the *future *scans. They do not catalog," added Snowden.

Snowden continued his Twitter thread and showed an aversion to biometry. "Do not use a biometry for fraud control", so Snowden continues noticed . "In fact, they use biometrics for nothing. 'We use ZK-Proofs.' Great, cleverly bad. The human body is not a ticket-holeer", he notes .

What do you think about the WorldCoin project and the critics who believe that the biometric Iris scan idea is not good for privacy? Let us know your opinion on this topic in the comments below.

Bedy verification : Shutterstock, Pixabay, Wiki Commons