Kenya, initially one of the first countries to embrace Worldcoin's "human identity and financial network" project through iris scans and cryptocurrency, has now suspended its enrollment in the program. The Ministry of the Interior issued the decree due to concerns over the authenticity and legality of Worldcoin's activities in security, financial services, and data protection. This suspension also applies to any similar entities engaging with the Kenyan public until the authorities can ensure the absence of potential risks.
Previously, Kenya boasted a significant number of venues where individuals could verify their World ID through the use of Worldcoin's spherical and mirrored iris-scanners called "Orbs". However, overwhelmed by the immense turnout, these venues have now shifted to a single location to accommodate the influx of people.
Worldcoin, co-founded by OpenAI CEO Sam Altman and currently valued at over $2 billion, aims to establish a "proof-of-personhood" network by registering "verified humans" through eyeball scans. As an incentive, users were offered "free" crypto tokens in exchange for undergoing scans. Consequently, Worldcoin tokens have entered the grey market in Kenya, raising concerns about their circulation and trading.
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While the suspension order may impact the current tokens in circulation, Worldcoin has continued to attract millions of users globally. As its registration service expands, the project faces growing scrutiny for potential privacy and security violations, particularly in economically-disadvantaged communities. The suspension reflects the government's focus on public safety and financial transaction integrity.
This move comes shortly after the office of the Data Commissioner announced an assessment of Worldcoin's practices in Kenya to ensure compliance with the country's laws. Additionally, sceptical peers in the technology industry have raised concerns about the exploitation of economically-disadvantaged individuals through deceptive marketing practices and the collection of excessive personal data.
As Worldcoin's registration continues in various cities worldwide, the company aims to cross 3 million users. However, with increasing regulatory scrutiny and mounting concerns over its practices, the project's future remains uncertain.
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