Malaysia has taken a giant stride toward digital transformation by adopting Worldcoin’s contentious iris scan technology for personal verification.
Malaysia wants to use cutting-edge biometric verification technology to address domestic issues and open up economic potential.
A memorandum of agreement has been signed by the World coin Foundation, Tools for Humanity (TFH), and MyEG with MIMOS Berhad, the Malaysian government’s application research and development department.
Areas of Collaboration for Worldcoin
Through this partnership, Worldcoin technology will be more fully integrated into Malaysia’s digital infrastructure, improving digital credential verification.
As part of the collaboration, TFH’s iris imaging technology—created for World coin—will confirm people’s identities or provide “proof of humanness.” This program is a component of a larger plan to enhance the nation’s use of digital credentials.
We may manufacture orbs together, connect the World Chain to Malaysia’s National Blockchain Infrastructure, and make sure that World coin’s technology is publicly available.
MyEG will concentrate on hardware deployment and technical integrations to assist MIMOS’s endeavors, while TFH will offer technical expertise and support for both the Orb and the World App.
In the wake of Worldcoin’s recent forays into Europe and Latin America comes its launch in Malaysia.
Worldwide Observation and Distrust
The growth of Worldcoin has yet to, however, be without criticism. Due to worries regarding gathering biometric data, the Bavarian State Office for Data Protection Supervision (BayLDA) looked into Worldcoin.
Similar doubt has been expressed by several government authorities across the globe, including Spain, where Worldcoin has temporarily suspended operations. World coin’s operations were deemed to violate the Personal Data (Privacy) Ordinance in Hong Kong, as determined by the Office of the Privacy Commissioner for Personal Data. Consequently, services were discontinued.
Despite these obstacles, World coin has made a concerted effort to comply with regional privacy laws to win over users and authorities.
In May, the business verified that users could safely erase previous iris codes and made its biometric data system open-sourced.
According to a statement issued in June, Kenya’s inquiry, which resulted in the suspension of activities in 2023, has been completed, and no further action is necessary.
The Worldcoin (WLD) token has been the subject of fraud and price manipulation allegations, further hindering the company’s path. Even though the business has refuted claims of insider trading and manipulation, these problems impact its business.
