Worldcoin, a cryptocurrency company, has reportedly disabled its offline orb verification function in India, Brazil, and France. The company had introduced the Orb, a five-pound chromatic helmet that scans individuals’ eyeballs to verify their identities, as a means of onboarding people in regions where traditional identification is not always available.

Worldcoin incentivized the offline onboarding process by offering rewards in its native token, WLD, to local Orb operators. However, according to a report, the company has quietly discontinued the orb verification process in India several months ago, despite the presence of crowds waiting in queues for Orb operators in some parts of the country.

The foundation overseeing Worldcoin, Tools for Humanity, clarified that the Orb was always intended as a limited-time access initiative in India, France, and Brazil. The onboarding process, which involves collecting private data such as iris scans, has faced criticism for its ethical implications and potential for abuse.

Regulators have also expressed skepticism towards Worldcoin. German financial authorities launched an investigation into the company in 2022, while the UK’s data regulatory body threatened to conduct its own investigations shortly after the project’s launch. Additionally, Kenya has banned Worldcoin’s activities in the country.

In August, a security platform called CertiK identified a vulnerability in the vetting processes for Orb operators, which could have allowed an attacker to bypass the verification process and operate an Orb without proper identification or an interview.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries 🇮🇳 🇧🇷 🇫🇷
Sentiment neutral
Relevance Score 1
People Sam Altman
Companies Tools for Humanity, Worldcoin, Cointelegraph, Moneycontrol, OpenAI
Currencies Worldcoin
Securities None

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