{"id":82152,"date":"2023-07-25T15:35:47","date_gmt":"2023-07-25T12:35:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=82152"},"modified":"2025-09-12T03:22:39","modified_gmt":"2025-09-12T00:22:39","slug":"uk-regulator-to-examine-worldcoins-activities","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/uk-regulator-to-examine-worldcoins-activities\/","title":{"rendered":"UK regulator to examine Worldcoin&#8217;s activities"},"content":{"rendered":"<p>The UK Information Commissioner\u0015s Office (ICO) will study the user verification process in Sam Altman\u0015s Worldcoin project. <a href=\"https:\/\/www.reuters.com\/technology\/uk-data-watchdog-make-enquiries-worldcoin-crypto-project-2023-07-25\/?rpc=401&#038;\">Reuters<\/a> reports.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe noted the launch of Worldcoin in the country and will conduct further investigations,\u201d said to the publication a spokesperson for the agency.<\/p>\n<\/blockquote>\n<p>The main product of Worldcoin\u2014the World ID protocol\u2014is based on <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-zero-knowledge-proof\">zero-knowledge proofs<\/a>. It is a mobile tool that allows people to undergo identity verification via iris scanning or a phone number. <\/p>\n<p>Worldcoin&#8217;s launch raises questions for the regulator about user data protection. Under ICO rules, companies are required to conduct reliability checks on security systems when processing biometric data. If a firm identifies high risks, it must consult with the ICO.<\/p>\n<p>In the United Kingdom, organisations must have a lawful basis for processing personal data. The process also requires a clearly stated user agreement.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWorldcoin and the developer Tools for Humanity adhere to the strictest privacy rules and requirements in the markets where the product is available. In some jurisdictions, we continue to assess local laws and rules to ensure their compliance,\u201d said <a href=\"https:\/\/worldcoin.org\/faqs\">\u0437\u0430\u044f\u0432\u043b\u044f\u043b\u0438<\/a> representatives of the project. <\/p>\n<\/blockquote>\n<p>The company noted that it always asks for user consent when collecting biometric data. <\/p>\n<p>On July 24 Worldcoin <a href=\"https:\/\/u1f987.com\/en\/news\/sam-altmans-worldcoin-project-launches-its-own-token\">announced<\/a> the official launch and the release of the native token WLD. The listing of the new coin has already been supported by crypto exchanges Binance, Bybit and OKX. <\/p>\n<p>Later, Ethereum co-founder Vitalik Buterin <a href=\"https:\/\/u1f987.com\/en\/news\/vitalik-buterin-flags-main-risks-for-worldcoin\">outlined<\/a> the main risks of Sam Altman&#8217;s project. Among them, he highlighted security, centralization, and the technology&#8217;s inaccessibility. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK Information Commissioner\u0015s Office (ICO) will study the user verification process in Sam Altman\u0015s Worldcoin project.<\/p>\n","protected":false},"author":1,"featured_media":82153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[810,1327],"class_list":["post-82152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-united-kingdom","tag-worldcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/82152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=82152"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/82152\/revisions"}],"predecessor-version":[{"id":82154,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/82152\/revisions\/82154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/82153"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=82152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=82152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=82152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}