- WorldCoin celebrates the positive response to the project in Argentina as 9500 users verify their World ID in a single day.
- WorldCoin’s Orb is located in four cities in Argentina.
- World App, a mobile application for the project, temporarily became the number-one app in Argentina.
Argentina is popularly known for its enthusiasm and interest in blockchain innovation and the cryptocurrency industry. It is not surprising to see an incredible increase in signups at the WorldCoin centers in Argentina.
Despite the ongoing data probe, WorldCoin records one of its highest daily sign-ups in Argentina.
Alex Blania, a co-founder of the WorldCoin Project, recently commented on Argentina’s enthusiasm and push for cryptocurrency and blockchain innovation.
“I think the first major thing that stands out is that Argentina specifically is one of the most crypto-forward countries in the world,” said Alex Blania, WorldCoin’s co-founder. “People are much more sensitive and much more understanding of the fundamental principles of crypto. It’s a combination of having a very technologically advanced country in general and then also a crypto-forward country specifically, which makes it an explosive building ground for the next wave of innovation in this space.”
WorldCoin is a privacy-preserving digital identity that requires users to prove their identity through an iris scan
While the Argentine authorities continue investigating the crypto industry’s most unusual project, users’ interest in WorldCoin has remained strong.
The WorldCoin service launched on July 24, sparking interest and suspicion globally. Its global identity protocol and its powerful privacy-preserving features have enthralled millions of users around the world. To achieve its mission of providing access to people who lack a digitally verifiable identity globally, it uses a proof of personhood(PoP) credential powered by a custom biometric imaging device known as the Orb.
With the Orb, users can digitally verify their personhood and uniqueness after it scans their iris.
A month after the launch of WorldCoin, the project became the target of privacy concerns, investigations, and even a complete ban by organizations, crypto enthusiasts, security researchers, and governments.
The United Kingdom Information Commission recently shared its plans of looking into the identity-focused crypto project.
On August 8, Argentina’s Agency for Access to Public Information launched an investigation into WorldCoin. The agency announced its plans to scrutinize WorldCoin’s collection, storage, and customer data to ascertain compliance with privacy and security regulations.
Kenyan authorities recently suspended WorldCoin operations in the country over security concerns.
According to a statement released by the Kenyan government, they are
“ …concerned by the ongoing activities of an organization calling itself ‘WORLD COIN,’ which is involved in the registration of citizens through the collection of eyeball/iris data.”
Despite the ban on WorldCoin operations in Kenya, the country is reported to have one of the biggest signups for the crypto project.
WorldCoin boasts over two million users since its launch, and despite global scrutiny, the identity-focused crypto project continues to enthrall users worldwide.
