Enhanced Data Protection
Worldcoin has released a new system to protect sensitive data. This system is open-source and available to all organizations. It aims to set a new standard for data security, especially for biometric data.
Iris Code Deletion
As part of this upgrade, Worldcoin has deleted all iris codes previously collected during user registration. This step was taken to enhance user privacy.
Secure Multi-Party Computation
The new system uses secure multi-party computation (SMPC). This technique distributes data across multiple parties, making it more secure and reducing the risk of data breaches.
Privacy Concerns Addressed
Worldcoin has faced scrutiny over its data collection practices. The deletion of iris codes and the implementation of SMPC address these concerns and demonstrate the foundation’s commitment to user privacy.
World Chain Launch
Worldcoin is also preparing to launch World Chain, an open-source blockchain. This platform will integrate with the Worldcoin protocol and provide a dedicated infrastructure for user authentication.
Adoption and Expansion
Over 5 million people have registered with Worldcoin, and 49 million transactions have been made through verified wallets. The upcoming World Chain aims to enhance scalability and support the growing user base.
Future Plans
The Worldcoin team is working on increasing the L2 block gas limit safely to improve performance and reduce network congestion.
