Despite facing regulatory scrutiny and data privacy concerns around the world, Worldcoin is still seeking to work with tech giants such as OpenAI.
The project was co-founded by Sam Altman. Worldcoin's parent company Tools for Humanity has been investigated in Hong Kong, Germany, Argentina, and even banned in Kenya. Recently, Spanish and Portuguese regulators accused Worldcoin of allowing minors to undergo eye scans and obtain blockchain-based identity authentication, and then ordered the project to stop collecting data.
Tools for Humanity plans to launch L2 chain World Chain and will update its scanning device "orb". Due to regulatory restrictions, Worldcoin token WLD has not yet been launched in the US market. (Bloomberg)
Earlier news, Sam Altman and Alex Blania, the main supporters of Worldcoin, recently spoke with Malaysian leaders. The two tried to improve government relations while showing that they are committed to protecting users' data and privacy. According to an article on X, Blania is the chief developer of Worldcoin and the CEO and co-founder of Tools of Humanity.
Before the two met with Malaysian officials, a series of measures seemed to be aimed at showing that the project is taking issues related to data collection and privacy seriously and is willing to work more closely with regulators and government officials.