What do you think about iris scanner scenario in worldcoin network?

[TastyChillySauce00]

https://bitcoinist.com/worldcoin-under-the-lens-french-regulator/

https://www.reuters.com/technology/german-data-watchdog-probing-worldcoin-crypto-project-official-says-2023-07-31/


More countries will be coming soon. Worldcoin will not able to leave from the regulators. Those who involved in the shady pratices may be jailed in the future, there's no point in collecting irish data.

Regulators are coming to the world coin. You will be seeing so many countries sued world coin. Those people are so dumb exchanging their personal data for 70 bucks.

Yep, it'e like they forgot The General Data Protection Regulation (GDPR) and even if they somehow managed to shuffle trough regulations. Who would want to sell their data to these people? For something that's most likely worth pennies.

I rarely point to book 1984, as it's now just a meme as everything is so 1984, but this is so dystopian i want to. Selling this data to corporations is pointless. There's no real use case for POP that would be allowed by regulators. Everyone involved and enabling their tech would possible be involved in criminal activity so who wants that? What's the upside of logging in to some irrelevant site with that?

Let's see how the result from investigations that will be commenced by the regulators. I think that all of european countries gonna start to investigate this project. The team is in possibility to be jailed if they were using this data for shady things.

It seems like that people were not caring anymore with their privacy. No point in yelling about privacy while people can sell their data cheaply to the various projects.

[Tipstar]

https://bitcoinist.com/worldcoin-under-the-lens-french-regulator/

https://www.reuters.com/technology/german-data-watchdog-probing-worldcoin-crypto-project-official-says-2023-07-31/


More countries will be coming soon. Worldcoin will not able to leave from the regulators. Those who involved in the shady pratices may be jailed in the future, there's no point in collecting irish data.

Regulators are coming to the world coin. You will be seeing so many countries sued world coin. Those people are so dumb exchanging their personal data for 70 bucks.

Yep, it'e like they forgot The General Data Protection Regulation (GDPR) and even if they somehow managed to shuffle trough regulations. Who would want to sell their data to these people? For something that's most likely worth pennies.

I rarely point to book 1984, as it's now just a meme as everything is so 1984, but this is so dystopian i want to. Selling this data to corporations is pointless. There's no real use case for POP that would be allowed by regulators. Everyone involved and enabling their tech would possible be involved in criminal activity so who wants that? What's the upside of logging in to some irrelevant site with that?

Let's see how the result from investigations that will be commenced by the regulators. I think that all of european countries gonna start to investigate this project. The team is in possibility to be jailed if they were using this data for shady things.

It seems like that people were not caring anymore with their privacy. No point in yelling about privacy while people can sell their data cheaply to the various projects.

We should wait and see. iris data is a highly sensitive data to share just for the sake of some money. They promise of a universal income but what would be the value of the coin when they are being issued every month without any strategy to limit the supply. Like mooncoin or something that gave staking coins reward 10% a day and the value crashed after a week. The concept of universal income itself is not bad but the risk of private data being misused is way higher.

[Oasisman]

So why people don't afraid for this situation. For 70$ they sold their data. What happens if worldcoin use this iris data for illegal activity? 

It's simple, these people want the free money thinking that there will be no implications in a short term span, but sure it will cause them a problem sooner or later. $70-$80 is too  cheap to sold your vital information. Not to mention it is your iris, it cannot be changed (I'm not sure medically, but I'm pretty sure it will cost you a lot) so that means, when this information is being used (by criminal purposes or what ever purposes that is bad) it will definitely going to trace you, obviously because your information was being registered or associated with that transaction.
Well, it's just a matter of time when a viral news hits the internet regarding identity thieves. I think this is the only kind of even where people realize how much valuable these private information are.

[adaseb]

Well I understand why they are doing it. They want to prevent bots from getting the airdrop however it’s scary what will happen when you submit your iris data print.

I don’t think right now anything would happen. But in the future maybe 10 years from now you might use your IRIS to pay bills. If someone has a copy of your IRIS then they can probably commit identify theft.

Hence why it’s not worth it.

[TheUltraElite]

I am steering clear of this project. Although we know that our data may already be available on the dark net, why increase your attack vectors and give your data to another corporation?

However this may not be true for for everyone because of economic problems. There are many third world countries where this dollar amount equates to a significant money in their local currency and hence there will be many takers for this.

This is why I always advocate education and skills to the path of enlightenment and not indoctrination. Having that education would mean a better job and better income and knowledge of how big companies work and avoiding these projects.

[GreatArkansas]

(......)
So why people don't afraid for this situation. For 70$ they sold their data. What happens if worldcoin use this iris data for illegal activity? 

This is the current issue now. We don't know if our data and copy of our iris are being stored safely. We still don't know if the device they are using is safe and no bug at all. This is the current problem. It could be hacked or anything worst to happen.

The concept of this for me is good but for me, it seems not to be accessible fo now, especially for some areas that are not yet accessible or people is not yet introduced to this or any related project like cryptocurrency or Bitcoin or much worst is internet.

[AakZaki]

Selling quite sensitive iris data with a coin that is worth $ 70 is quite sad. In fact, the price of these coins will decrease even more because many will make sales after getting their coins. The iris data they collect to dominate the world's data. Like fingerprint data and then in the future they will sell the iris data. this will be needed by many agencies so they will get a lot of money from the data. it will certainly be integrated into AI technology later.

[Ucy]

 

So you may be heard this couple of weeks ago. Still it's so hype in the twitter. So wordcoin is offering 70-80$ airdrop for those who own s wordcoin id. To get Id you need to verify you via iris scanner. So right now there are long queue to get a id. Most of people doing this because of that free airdrop. But no one is thinking about the consequences of this. I mean we don't know what will they do the data that they collect from us. They never mention why they implemented iris scanner, what will they do with those data collect from scanning peoples eyes.

So why people don't afraid for this situation. For 70$ they sold their data. What happens if worldcoin use this iris data for illegal activity?  

 Human Identification is important (not necessary though) in cryptocurrency space but shouldn't be done in this manner.


A Crypto compatible human identification scheme should be decentralized p2p identification and verification. It's either done online(virtual world) or offline (physical world) or both.
We have written extensively on both... but I want to dwell abit on the offline/physical part today. It could simply be done by randomly selecting reputable verifiers or people on a decentralized ID system and assigning them to people who wish to ID themselves physically. Locations where the identification and verification can be safely done by the peers is randomly selected for them. They meet at the locations and the verifiers compare the peers IDs with their physical appearances, then use the peers phones or specialized cameras that cannot save copies of the owners IDs, to take photos of the peers and their IDs (probably via the decentralized ID application/system) and immediately have them saved on the ID system. Once saved it's thoroughly encrypted and the private keys given to the owners.
The owners can always use the private keys or corresponding public keys/addresses for certain transactions, websites/dapps authentications etc. And blue "verified" checkmarks shown on their profiles on the Decentralized ID system... including the public keys of their verifiers and their reputation scores. Verifiers reputation could be scored by other verifiers(who should aswell be randomly selected) during second verification of owners IDs by 1 or 2 of the verifiers, and the date of the verification could be random.


This method is Bitcoin-friendly and way safer

[chafer99]

Hi, i would like to ask how the identification of the iris will be carried out for people who have vision problems, blind people, etc. Thanks

[I_RodimusPrime]

Hi, i would like to ask how the identification of the iris will be carried out for people who have vision problems, blind people, etc. Thanks

why would you think blind people will use this? seriously man? what kind of question is this 

[chafer99]

Hi, i would like to ask how the identification of the iris will be carried out for people who have vision problems, blind people, etc. Thanks

why would you think blind people will use this? seriously man? what kind of question is this  

Sorry? This coin is not for the blind people?

The mission of the Worldcoin project is to build the world’s largest identity and financial network as a public utility, giving ownership to everyone. World ID enables users to verify their humanness online ("Proof of Personhood") while maintaining their privacy...

[Silberman]

Selling quite sensitive iris data with a coin that is worth $ 70 is quite sad. In fact, the price of these coins will decrease even more because many will make sales after getting their coins. The iris data they collect to dominate the world's data. Like fingerprint data and then in the future they will sell the iris data. this will be needed by many agencies so they will get a lot of money from the data. it will certainly be integrated into AI technology later.

And that is the issue, they are in fact offering you to pay you such a small amount of money for personal information that you cannot change, and that amount of money will even go down as the price of their token will plummet at some point, so you will give that information for almost no gain for yourself which is even worse, however it is entirely possible there are people desperate enough to grab that money and make the owners of this coin extremely rich as such information will be worth a lot of money for some specialized companies all over the world.

[trendcoin]

Worldcoin is a project of the founder of ChatGPT and collects sensitive data by retinal scanning. First of all, I would never give my data to this project. Secondly, we may hear that it will be banned in many countries in the near future. They cannot collect such sensitive data so easily. I am sure they will face sanctions in many parts of the world. Apart from that, I can safely repeat that I will never join it.