Category: NFT News

Worldcoin Addresses Privacy Concerns With New Personal Custody Feature

The digital identity project backed by OpenAI founder Sam Altman has also open-sourced components of its codebase.

Controversial eyeball-scanning project Worldcoin announced today that it will offer users the option to maintain control over their personal information.

Dubbed Personal Custody, the implementation means that any data generated on the silver orb will remain on a person’s mobile device. That includes images, metadata, and derived data, empowering users to delete the information if they wish.

“This approach gives you control over the flow of this data,” said the team in today’s press release. Worldcoin calls the new feature an evolution in data custody recommended by privacy experts.

WLD spiked 4% on the news. The project has seen substantial growth in recent months, surpassing 1 million daily users amid a 400% rally since Nov. 2023.