Malaysia has officially introduced Worldcoin’s iris recognition for identification purposes. The initiative, supported by the memorandum of understanding between the Worldcoin Foundation, Tools for Humanity (TFH), MyEG, and MIMOS Berhad, is to incorporate this technology into Malaysia’s digital economy. This partnership is important for verifying digital credentials in the country.
Malaysia Adopts Worldcoin Iris Scanning Technology
The partnership will incorporate Worldcoin’s iris scanning solution into Malaysia’s digital infrastructure. This technology developed by TFH is intended to confirm individual identities through a process called ‘proof of humanness’. MyEG will do the technical integration and hardware deployment, supporting MIMOS Berhad’s efforts to develop digital credentialing.
This initiative can be considered a step forward in Malaysia’s digital transformation process and the increase in the usage of biometric identification. This partnership also encompasses possibilities such as co-produced orbs and integrating Worldcoin into the Malaysian National Blockchain Infrastructure. Worldcoin’s technology will still be open-sourced to allow for future advancements.
Worldcoin Faces Global Scrutiny Over Privacy Concerns
Advertisement
Worldcoin has been expanding to Europe and Latin America, and its entry into Malaysia is the latest step. However, this growth has come with some problems. Issues with biometric data collection have raised the interest of regulatory authorities, including the Bavarian State Office for Data Protection Supervision.
In Hong Kong, the company was found to be breaching privacy laws and its services were suspended. Likewise, specific operations have been halted in Spain for some time because of legal concerns. However, Worldcoin continues to respect local privacy laws and respond to any problems that may arise.
Worldcoin has received backlash and controversy worldwide concerning the safety of the biometric information it collects. The company has met this challenge by releasing the source code of its biometric system to the public and allowing users to erase their previous iris scans. This aligns with Worldcoin’s strategy to gain customer and stakeholder credibility.
In Kenya, an investigation into Worldcoin’s operations was closed with no further action after the company discontinued its operations in 2023. Worldcoin has been accused of price manipulation and scams related to its token, but the company has not admitted any wrongdoing. The company is still in the process of enhancing its operations and ensuring that it meets the standards of the international market.
Advertisement
Also Read: Worldcoin Accused of Price Manipulation Post Unlock Delay
