Lido DAO (ldo) 
Worldcoin Introduces Iris Code Deletion for World IDs
Worldcoin has taken a significant step in response to increasing scrutiny by allowing users to unverify their World IDs through permanent iris code deletion. The project, which issues digital World IDs to individuals by scanning their irises for personhood confirmation, has already onboarded nearly five million users.
Enhancing Privacy Measures
In a recent blog post, Worldcoin announced the new feature, stating, “Now, World ID holders have even more control with the option to unverify their World ID.” This move aims to address privacy concerns and give users greater control over their personal data.
Personal Custody and Enhanced Security
To further safeguard user privacy, Worldcoin has introduced Personal Custody, enabling users to store their data on personal devices. This additional layer of security allows users to opt out of data encryption and storage by Worldcoin. Additionally, the project has implemented in-person age verification checks for users above 18 and sought advice from third-party privacy experts to develop these new measures.
Protecting User Privacy
Worldcoin has set up a six-month ‘cool off’ period for individuals who choose to unverify their World ID. This measure aims to prevent fraud by ensuring that users cannot immediately re-verify their identity. After the cooling-off period, the iris code will be permanently deleted and irrecoverable, underscoring Worldcoin’s commitment to user privacy and data protection.
Amidst Regulatory Challenges
These privacy enhancements come at a time when Worldcoin is facing investigations and regulatory challenges in various countries. South Korea is conducting a probe, while Spain and Portugal have issued orders to stop biometric data collection.
In Conclusion
Worldcoin’s introduction of iris code deletion for World IDs demonstrates its dedication to user privacy and data protection. By empowering users with more control over their personal information, Worldcoin is setting a new standard in the cryptocurrency industry. Explore more news on Global Crypto News to stay updated on the latest developments in the world of cryptocurrencies.
