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		<title>Worldcoin Suspends Services in Several Countries!</title>
		<link>https://coinengineer.net/blog/worldcoin-suspends-services-in-several-countries/</link>
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		<pubDate>Fri, 22 Dec 2023 10:08:13 +0000</pubDate>
				<category><![CDATA[Altcoin Projects]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[CertiK]]></category>
		<category><![CDATA[Moneycontrol]]></category>
		<category><![CDATA[Orb]]></category>
		<category><![CDATA[USDC]]></category>
		<category><![CDATA[worldcoin]]></category>
		<guid isPermaLink="false">https://coinengineer.io/blog/?p=8605</guid>

					<description><![CDATA[<p>Worldcoin announced that it has suspended one of its operations in India, Brazil, and France markets. This effectively means the Orb verification function has been suspended offline. The Orb is a system designed to facilitate recruitment in areas where traditional identification documents are not present, by scanning the pupils for identity verification. You might like:</p>
<p>The post <a href="https://coinengineer.net/blog/worldcoin-suspends-services-in-several-countries/">Worldcoin Suspends Services in Several Countries!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Worldcoin announced that it has suspended one of its operations in India, Brazil, and France markets. This effectively means the Orb verification function has been suspended offline. The Orb is a system designed to facilitate recruitment in areas where traditional identification documents are not present, by scanning the pupils for identity verification.</p>
<blockquote><p>You might like: <a href="https://coinengineer.net/blog/france-grants-vasp-approval-to-coinbase/" target="_blank" rel="noopener"><span style="text-decoration: underline;"><em><strong>France Grants VASP Approval to Coinbase!</strong></em></span></a></p></blockquote>
<p>The Company was offering rewards in <a href="https://coinmarketcap.com/currencies/usd-coin/">USDC</a> to local Orb operators to incentivize the offline recruitment process. However, later they started making their payments in their local token WLD.</p>
<p>According to Moneycontrol&#8217;s report, Worldcoin has &#8220;quietly suspended&#8221; the Orb verification process in India. Moreover, foundations like Tools for Humanity have mentioned that Orb had limited plans in India, France, and Brazil from the beginning.</p>
<p><img fetchpriority="high" decoding="async" class="sFlh5c pT0Scc iPVvYb aligncenter" src="https://www.coinkolik.com/wp-content/uploads/2023/07/worldcoin.jpeg" alt="Worldcoin" width="2400" height="1350" aria-hidden="false" /></p>
<p>In particular, Orb&#8217;s collection of users&#8217; private data and its sensitivity in the recruitment process led to ethical discussions about the project. Critics argued that the project was unethical and a &#8220;dystopian nightmare&#8221;. Even the market regulators showed skepticism towards the project. German officials initiated an investigation into Worldcoin in 2022. The United Kingdom&#8217;s data regulatory body also threatened an investigation into the project. Kenya outrightly banned Worldcoin&#8217;s operations in the country.</p>
<p>In August, security platform CertiK reported that there was a security vulnerability in Orb that could allow attackers to bypass the verification process and run Orb without proper identification. This situation called into question the security of the project.</p>
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<p>The post <a href="https://coinengineer.net/blog/worldcoin-suspends-services-in-several-countries/">Worldcoin Suspends Services in Several Countries!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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