Worldcoin, led by Sam Altman, has introduced a new personal data custody feature along with making the core software of its iris-scanning Orb open source. The Orb scans individuals’ irises to create World IDs, biometrically unique accounts that aim to establish a global basic income through the distribution of its WLD token.

Amidst skepticism and regulatory scrutiny, Worldcoin is taking steps to increase transparency and user control. The project recently announced that the core software powering the Orb’s functionality would be open source, allowing public scrutiny and contributing to its development. WLD has seen a 24% increase over the past month, according to data from CoinGecko.

Worldcoin has also introduced a personal custody feature, a significant shift in storing and managing biometric data. Under this new model, the biometric data captured by the Orb during the World ID verification process will be stored on the user’s device, typically a smartphone.

This feature gives users the autonomy to manage their data directly, including the option to delete it, enhancing trust and mitigating privacy concerns. These developments come as Worldcoin has registered approximately 4.5 million people worldwide and faces regulatory challenges, including a temporary ban in Spain.

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