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Inside Crypto
3 years, 2 months ago

Kenyan Government Suspends Worldcoin Activity on Financial Security, Privacy Concerns

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Worldcoin is attempting to create a global identification mechanism based on iris scans, which can be used to prove that an agent is human and unique. In a world where artificially intelligent agents are participating in the economy, this could be crucial, the project says. But the collection of biometric data and the signup process in developing countries have drawn criticism, including accusations of exploitation.
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