Worldcoin Expands Global Reach with New Launches and Faces Fines in South Korea

Worldcoin has launched its iris scan technology in Guatemala and Malaysia, allowing users to obtain a digital ID and cryptocurrency. The launch in Malaysia has government backing, while in South Korea, the company faces hefty fines for data privacy violations. More than 93,000 South Koreans have downloaded the World App, reflecting a growing interest despite…

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World Expands Android Support for World ID Credentials, Addresses Biometrics Risks in Argentina

World has launched Android support for World ID Credentials in Malaysia, enhancing global accessibility. This comes after previous iOS support and aims to include passport holders globally. Concerns have arisen regarding illegal biometric trading, particularly in Argentina, as users are warned to protect their personal data amid growing synthetic identity fraud risks. World has announced…

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South Korea Amplifies Facial Recognition Adoption Beyond Finance

Facial recognition technology is rapidly growing in South Korea, enhancing security and convenience in various sectors. Despite challenges like privacy concerns and integration costs, companies are pushing forward. Major players like Viva Republica and KakaoBank are expanding their services, anticipating increased adoption for payment solutions driven by positive user experiences. South Korea is witnessing a…

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