Worldcoin Implements Features Allowing Users to Custody Their Data Exclusively on Personal Devices
A privacy-focused altcoin that uses eye-scanning artificial intelligence (AI) technology is implementing a new custody feature that will allow users to store their data on personal devices.
In a new blog post, Worldcoin (WLD), created by OpenAI chief executive Sam Altman, says that the change will increase Worldcoin’s utility in general and is a step toward “solidifying the project’s user-centric architecture.”
“Personal data custody, or Personal Custody, means that the information (images, metadata and derived data) generated at the orb and used to generate the iris code during World ID verification is held on your device. This approach gives you control over the flow of this data – not just deletion, but any future use prior to being deleted.”
According to Worldcoin, since the end result of the new feature is a package of encrypted data that resides on a user’s device, that same information will be deleted from the project’s orb.
“Since all data is encrypted by your public key, the end result of this process is a collection of encrypted data packages that reside exclusively on your device.
Your information is always deleted from the orb once it has been sent to your device, and the use of double encryption within the end-to-end encryption envelope is a safeguard to protect the confidentiality and privacy of your data in the event your device is compromised.”
Earlier this month, Worldcoin was ordered by the government of Spain to stop collecting data after many users complained about privacy issues.
WLD is trading for $8.22 at time of writing, a 1.3% increase during the last 24 hours.
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