‼️UK Data Regulator to Probe OpenAI’s Crypto Project Worldcoin
By: TOGRP
July 25, 2023 10:46 PM / 0 Comments AI Blockchain In Brief News Web3 Business ZentaPost
According to a Reuters report, the data watchdog said Thursday that it will conduct an examination of Worldcoin, a crypto project that builds a reliable solution
The UK’s data regulator Information Commissioner's Office is planning to conduct “further enquiries” on the OpenAI’s crypto project – Worldcoin.
According to a Reuters report, the data watchdog said Thursday that it will conduct an examination of Worldcoin, a crypto project that builds a reliable solution for distinguishing humans from AI online. The unique venture enables customers to scan their eyeball in exchange for a digital identification – “World ID” – and free cryptocurrency.
“We note the launch of WorldCoin in the U.K. and will be making further enquiries,” a spokesperson for the Information Commissioner's Office, said.
The source further said that organizations need to have a “clear lawful basis to process personal data. Where they are relying on consent, this needs to be freely given and capable of being withdrawn without detriment.”