Worldcoin (WLD) announced a new initiative called “Personal Custody” that aims to build additional trust among its users. The initiative will reform how biometric data is handled during the World ID verification process.
Previously, when people signed up for a World ID, they had the option of having their biometric data stored and then encrypted. However, with the Personal Storage application, this option will no longer be available.
Instead, biometric data captured by Orb during World ID verification will be held on users' personal devices, usually a smartphone. Thus, users will have full control over their data, including the option to delete it if they wish.
Tiago Sada, from Tools for Humanity, the altcoin's developer company, said that while Worldcoin has always taken privacy seriously, the private custody initiative is seen as an opportunity to bolster the level of trust felt by potential users who have not yet signed up:
“While previously everything was deleted by default, users now have control over what they do with their data, giving them peace of mind without having to trust absolutely anyone.”
In addition to the private custody move, Worldcoin claims that Orb also aims to promote transparency by making key components of its software publicly available on GitHub.
Worldcoin has been criticized for privacy for scanning people's eye irises and issuing WLD altcoins to users who have not previously registered.
*This is not investment advice.
