OF COURSE! Worldcoin will permit governments and private firms across the globe to use its World ID system – that was the plan all along
By Laura Harris // Aug 10, 2023

Worldcoin will permit governments and private companies across the globe to use its World ID system, according to a senior company executive.

Ricardo Macieira, general manager for Europe at Tools for Humanity (TFH), confirmed the move in an interview with Reuters. He told the news outlet that Worldcoin is set to expand its operations by signing up more users and allowing other organizations to use its iris-scanning and identity-verifying technology. TFH is the company responsible for Worldcoin and the accompanying World ID system.

"We are on this mission of building the biggest financial and identity community that we can," Macieira emphasized. "The idea is that as we build this infrastructure, we allow other third parties to use the technology."

The TFH executive clarified that the company's primary focus is to establish an infrastructure that enables governments and other entities to implement digital identity systems. For instance, companies could employ Worldcoin's technology to ensure a fair distribution of services, like providing one free coffee to each customer without collecting personal data.

Worldcoin also committed to making its iris-scanning device, known as the "chrome orb," an open-source in the future. According to Macieira, this will enable others to contribute to the technology and utilize it to benefit their own communities. He told Reuters: "Anyone can, in the future, build their own orb and use it to benefit the community that it's aiming for."

Worldcoin beset with PRIVACY ISSUES since its launch

Since its launch on July 24, Worldcoin has been setting up registration sites globally. People willingly undergo iris scans using the "chrome orb" in exchange for a digital ID and, in certain regions, free cryptocurrency. Over two million people have previously signed up for Worldcoin during its trial period over the last two years.

The company successfully raised $115 million in May, through the support of prominent venture capital investors such as Blockchain Capital, a16z crypto, Bain Capital Crypto and Distributed Global. Armed with this capital, Worldcoin plans to expand its operations across Europe, Latin America, Africa and any region that, in Macieira's words, "would welcome its services."

Worldcoin's website claims the project is "completely private" and the biometric data is either deleted or stored in encrypted form. Privacy experts doubt this claim, however. (Related: Worldcoin accused of unethical practices shortly after its official launch.)

Back in 2022, the Bavarian State Office for Data Protection Supervision (BayLDA) initiated an investigation into Worldcoin. TFH is subject to the BayLDA's oversight as the company behind Worldcoin has an office in Germany's southeastern Bavarian state.

BayLDA President Michael Will said the agency would look into whether Worldcoin's system is "safe and stable," given concerns about its large-scale processing of sensitive data. According to him, the project "requires very, very ambitious security measures and lots of explanations and transparency to ensure that data protection requirements are not neglected." Users who entrust their data to Worldcoin deserve "absolute clarity" about the purpose and methods of data processing, he added.

Meanwhile, MIT Technology Review investigated the promises of Worldcoin to anonymize and destroy the biometric data of users to protect their privacy. Sadly, the review uncovered that the data destruction did not take place as claimed. Instead, valuable biometric information of users remain within the systems of the company.

Furthermore, researchers from the Technology Review found evidence of how the company collected biometric data in developing countries like Indonesia, Kenya and Colombia. The company reportedly used the chrome orb with advanced cameras and sensors to capture the bodies, faces and irises of people without proper consent.

Visit CryptoCult.news for more stories about Worldcoin.

Watch this video about how Worldcoin will likely be a tool to control the world.

This video is from the GoneDark channel on Brighteon.com.

More related stories:

Worldcoin CEO: Global digital currency tied to global digital ID will soon be required 'whether you like it or not.'

OpenAI CEO launches global "Worldcoin" cryptocurrency to facilitate Universal Basic Income (UBI) and globalist authoritarian control.

"Worldcoin" is here: Just get your eyes scanned by "The Orb" and your new "World ID" will be issued to you.

OpenAI CEO launches iris-scanning crypto plan to "verify" every human being: "IT'S TIME."

Sources include: 

Reuters.com

TechnologyReview.com

Brighteon.com



Take Action:
Support NewsTarget by linking to this article from your website.
Permalink to this article:
Copy
Embed article link:
Copy
Reprinting this article:
Non-commercial use is permitted with credit to NewsTarget.com (including a clickable link).
Please contact us for more information.
Free Email Alerts
Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more.

NewsTarget.com © 2022 All Rights Reserved. All content posted on this site is commentary or opinion and is protected under Free Speech. NewsTarget.com is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. NewsTarget.com assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms and those published on this site. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners.

This site uses cookies
News Target uses cookies to improve your experience on our site. By using this site, you agree to our privacy policy.
Learn More
Close
Get 100% real, uncensored news delivered straight to your inbox
You can unsubscribe at any time. Your email privacy is completely protected.