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Latest Cointelegraph Report provides comprehensive explanation of Worldcoin controversy

Latest Cointelegraph Report provides comprehensive explanation of Worldcoin controversy

The latest Cointelegraph Report delves into the privacy and ethical concerns surrounding Worldcoin, a controversial cryptocurrency project. Worldcoin aims to collect people’s biometric data through scanning their eyeballs with a metallic orb, in order to create a proof-of-personhood system for distinguishing humans from robots in the AI era. However, the project has faced criticism for its lack of transparency in data collection methods, raising concerns about data privacy. Investigative reporters have also uncovered unethical practices in data collection, particularly in the Global South, where the organization has allegedly used deceptive marketing techniques to incentivize sign-ups with its native token, WLD. Currently, the token holds no real use case and is primarily speculative. The Cointelegraph Report analyzes the workings of Worldcoin and evaluates the validity of these concerns. Watch the full report on the Cointelegraph YouTube channel for more information.

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