The biometric digital ID and wallet project Worldcoin has experienced a recent surge in verifications in Argentina, breaking a daily signup record in August. With only four verification stations in Argentina, according to data provided by the project, Worldcoin confirmed 9,500 Argentine users in a single day.
Argentina is where Wordcoin popularity peaked, as the project received 9.5K verifications in one day.
Argentina has recently seen an increase in interest in Worldcoin, a project that combines a biometric ID with a digital wallet. Argentina set a record for signups in August, with more than 9,500 verifications in a single day, according to data published by the project.
Co-founder of the Worldcoin initiative and CEO of Tools for Humanity This huge demand, according to Alex Blania, is due to Argentineans' enthusiasm for cryptocurrencies and cutting-edge technology. He said the following at the Ethereum Argentina Mainnet Stage:
I believe that one of the first significant things that stands out is that Argentina is one of the most technologically advanced nations in the world.
Furthermore, Blania added that Argentina was a good place for this kind of project because of the country's forward-thinking stance on cryptocurrencies and technological improvements. According to Blania's description, the nation is viewed as a "explosive building ground for the next wave of innovation in this space."
The Wordcoin project's World App, a digital wallet app, temporarily held the top spot in the Apple App Store, ahead of apps like Mercado Pago, Whatsapp, and Tiktok due to the project's high level of popularity in Argentina. With only four "Orbs"—Worldcoin's iris scanning devices—located in Buenos Aires, Mar del Plata, Cordoba, and Mendoza, the company was able to reach this milestone.
Legal Challenges
However, due to Worldcoin's significant popularity in Argentina, authorities have begun looking into the project and its data processing practices.
The Argentine Personal Data Protection Act requires any project requiring customer data to register with the organization and report on the precautions the project takes to protect the confidentiality of its users. On August 7, the Public Information Access Agency (AAIP), the country's data comptroller organization, sent a letter to the Worldcoin Foundation requesting that it comply with the law.
Worldcoin has also come under intense official scrutiny in other nations. Actions against Worldcoin are being prepared by the French, German, and Kenyan data regulators.
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