• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer
Tuesday, March 26, 2024
CryptoBangs.com
Advertisement
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
CryptoBangs.com
No Result
View All Result

Worldcoin (WLD) Advances Privacy with Personal Custody for Iris-Scanned IDs

March 23, 2024
in Blockchain
Reading Time: 3 mins read
A A
Worldcoin (WLD) Advances Privacy with Personal Custody for Iris-Scanned IDs
ShareShareShareShareShare

Worldcoin introduces Personal Custody, enhancing user control over biometric data generated via iris-scanning orbs for secure ID verification.

Worldcoin (WLD), a blockchain-based identity platform known for its novel approach to user verification through iris scanning, has taken a significant step towards enhancing user privacy with the implementation of Personal Custody. This development comes as part of the project’s ongoing efforts to provide a user-centric and secure identification system.

Personal Custody is a feature that allows individuals to retain all personal data, including images, metadata, and derived data generated at the orb during World ID verification, directly on their devices. By doing so, users gain unprecedented control over their information, with the ability to manage its flow and usage before opting for deletion. This shift from the prior default deletion of data to personal custody is a response to privacy concerns and recommendations from experts in the field.

Related articles

Bitcoin ETF Interest May Surge Amid Price Declines

Bitcoin ETF Interest May Surge Amid Price Declines

March 25, 2024
A Sign of Potential SHIBA INU and PEPE COIN-like Success? – Blockchain News, Opinion, TV and Jobs

A Sign of Potential SHIBA INU and PEPE COIN-like Success? – Blockchain News, Opinion, TV and Jobs

March 25, 2024

The implementation of Personal Custody requires a sophisticated multi-step process. It begins with the user’s device generating a public-private key pair to encrypt the data, followed by the backend creating additional keys for double encryption. The orb captures the necessary images for verification, creates individual data packages, and encrypts them before transmitting them to the backend. After the encrypted data packages are downloaded to the user’s device, they are deleted from the backend to ensure no residual data remains.

This approach not only places users in control but also introduces the possibility of using Face Authentication for high-security applications. Face Authentication allows users to confirm their identity locally on their device without transferring any data externally, thus promising a higher level of security and privacy.

The adoption of Personal Custody is emblematic of the platform’s user-centric architecture, a core aspect of the Worldcoin Tech Tree. This architecture is designed to facilitate the separation and replacement of system components like orbs and uniqueness metrics, making it easier to evolve the protocol into an open, permissionless system governed by a broad user base.

While the initiative marks a substantial move towards personal data sovereignty, it also implies that optional Data Custody will no longer be offered during orb visits. This change encourages users to educate themselves about Worldcoin and make informed choices regarding the sharing of their information to support the project’s improvement.

For those interested in delving deeper into the technicalities of Worldcoin’s privacy measures and system architecture, the Technical Implementation section of the Worldcoin protocol whitepaper provides detailed insights. The Worldcoin community is also actively engaged in discussions across various social platforms, such as Twitter/X, Telegram, Discord, YouTube, and LinkedIn, and interested individuals can stay updated by subscribing to the blog newsletter.

It is important to note that the availability of Worldcoin (WLD) tokens is subject to geographic, age, and other restrictions. While WLD tokens are not accessible in the United States and some other territories, the World ID and TFH’s World App remain available. Prospective users are advised to consult the Terms of Use and the Important User Information found on the Worldcoin website for further details on eligibility and risks.

Image source: Shutterstock

Credit: Source link

ShareTweetSendPinShare
Previous Post

Apple’s M-series Processors Could Have Dire Implications For Crypto Users

Next Post

Mobile Web3 MOBA Game Buddy Arena Now Available

Related Posts

Bitcoin ETF Interest May Surge Amid Price Declines

Bitcoin ETF Interest May Surge Amid Price Declines

March 25, 2024

Join Our Telegram channel to stay up to date on breaking news coverage Ki Young Ju, the CEO of CryptoQuant,...

A Sign of Potential SHIBA INU and PEPE COIN-like Success? – Blockchain News, Opinion, TV and Jobs

A Sign of Potential SHIBA INU and PEPE COIN-like Success? – Blockchain News, Opinion, TV and Jobs

March 25, 2024

By Enoch Mutembei The cryptocurrency market has recently been beaming with a bullish trend and BEFE, among Pepe coin and...

Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

March 25, 2024

Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the...

Ondo Price Prediction: ONDO Surges 31% To A New ATH, But Experts Say This 2.0 Meme Coin Might 100X With Exchange Listings Imminent

Ondo Price Prediction: ONDO Surges 31% To A New ATH, But Experts Say This 2.0 Meme Coin Might 100X With Exchange Listings Imminent

March 25, 2024

Join Our Telegram channel to stay up to date on breaking news coverage The Ondo price has surged 31% in...

New Cryptocurrency Releases, Listings & Presales Today – NEURALAI, Venium, WCTrades

New Cryptocurrency Releases, Listings & Presales Today – NEURALAI, Venium, WCTrades

March 24, 2024

Join Our Telegram channel to stay up to date on breaking news coverage Investors are reevaluating their investment portfolios in...

Load More
Next Post
Mobile Web3 MOBA Game Buddy Arena Now Available

Mobile Web3 MOBA Game Buddy Arena Now Available

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

New and Best Meme Coins To Buy Saturday, March 23 – Blue Whale, Puff The Dragon, Dogecoin20, Mickey Meme

New and Best Meme Coins To Buy Saturday, March 23 – Blue Whale, Puff The Dragon, Dogecoin20, Mickey Meme

March 24, 2024
Why Tomorrow (March 26) Will Be Pivotal For Ripple And XRP

Why Tomorrow (March 26) Will Be Pivotal For Ripple And XRP

March 25, 2024
OKX and Immutable To Release Web3 Gaming Launchpad

OKX and Immutable To Release Web3 Gaming Launchpad

March 22, 2024
Shiba Inu (SHIB) Predicted to Hit All-Time High Soon: Here’s When

Shiba Inu (SHIB) Predicted to Hit All-Time High Soon: Here’s When

March 25, 2024
Memecoin Launch and Parachain Airdrops Spark DOT Momentum

Memecoin Launch and Parachain Airdrops Spark DOT Momentum

March 23, 2024
CryptoBangs.com

CryptoBangs.com is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news and much more stuff like that.

What’s New Here!

  • Crypto Houdini? Binance Exec Escapes Amid Criminal Charges
  • How High Can Dogecoin (DOGE) Rise This April 2024?
  • Top Meme Coin Cryptocurrencies To Watch In April 2024
  • Bitcoin ETF Interest May Surge Amid Price Declines

Newsletter

Don't miss a beat and stay up to date with our Newsletter!
Loading

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer

© 2023 - CryptoBangs.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator

© 2018 JNews by Jegtheme.

You have not selected any currencies to display
WP Twitter Auto Publish Powered By : XYZScripts.com