News with the tag "Tools For Humanity"

German regulators demand compliance changes from World ID after a biometric data investigation.

The controversial digital ID and crypto project, Worldcoin, will now be pushed in Japan by the nation’s second-largest advertising company, Hakuhodo. In a press release the ad giant said it wants to “spread World ID” via a partnership with Tools for Humanity, so humans and AI can coexist. The eyebal...

South Korea’s Personal Information Protection Commission (PIPC) has imposed a fine on Tools for Humanity, the developer behind the Worldcoin project, for violating local data privacy laws. The commission announced that the company was fined over 1.1 billion Korean won (roughly $830,000) for allegedl...

Worldcoin, the biometric identification project, and its parent company, Tools For Humanity (TFH), have been fined by the Personal Information Protection Commission (PIPC), South Korea’s data protection agency, for violating the Personal Information Protection Act. According to local media, Worldcoi...

Worldcoin expands its digital ID verification technology to Austria, offering residents in Vienna access to the World ID system with multiple locations throughout the city.

A Worldcoin spokesperson told Cointelegraph that people covered by their policies are prohibited from disclosing confidential information relevant to WLD purchasing decisions.

Worldcoin faces allegations of price manipulation after delaying unlocking 80% of its native tokens.

The Worldcoin project, spearheaded by Sam Altman of OpenAI, is entering a critical phase with the scheduled unlocking of Worldcoin tokens for early contributors starting July 24. The project earlier today announced a significant extension in the unlock period for 80% of the tokens held by team membe...

Worldcoin’s head of communication and marketing in Latin America, Astrid Vasconcellos, assured Chileans that criticism had forced the company to make data collection changes. She insisted that security and privacy were fundamental pillars of the Worldcoin project.

Worldcoin revealed a partnership with Alchemy to build out infrastructure for its blockchain World Chain, which is also the new home for its World ID and World app.