Wednesday, August 6, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Worldcoin open-sources revamped biometric data system

by SB Crypto Guru News
May 15, 2024
in Crypto Exchanges
Reading Time: 2 mins read
0 0
A A
0



Worldcoin open-sources revamped biometric data system

Worldcoin Foundation has introduced a new system using Secure Multi-Party Computation (SMPC) for biometric template protection, developed with cryptography engineers from TACEO.

The advancement has allowed the foundation to securely delete the previous iris code system. The move is part of the foundation’s effort to be more transparent after multiple countries raised concerns over its data collection practices.

Data collection revamp

The new approach, now available open source on GitHub, encrypts iris codes into multiple secret shares distributed among different parties. These parties collaborate to compute results over the encrypted data without accessing the actual secrets, ensuring a high level of privacy for verifying the uniqueness of biometric templates.

Worldcoin Foundation said:

“By migrating to SMPC, we’ve achieved a significant enhancement in privacy protection for our users. After securely transferring all iris codes to the new system, we deleted the old data.”

Recent optimizations in SMPC protocols for machine learning, adapted by Worldcoin and TACEO, have made it feasible to apply these protocols to iris code comparisons. This system allows Worldcoin to verify an individual’s uniqueness without decrypting the biometric data.

The transition to this new system was completed in March 2024. After extensive testing, the previous iris code system was securely deleted in May 2024. The new system requires substantial computing resources, including 1152 cores, 3.6TB of memory, and 5 Gbps bandwidth across all parties involved.

Regulatory hurdles

The development followed discussions with data protection authorities, particularly the Bavarian Data Protection Authority (BayLDA). Tools for Humanity and Worldcoin Foundation’s EU establishment are current participants in the SMPC system, with additional third-party participants under consideration.

The announcement comes after Worldcoin faced regulatory hurdles in multiple countries, including scrutiny over data privacy and security practices. Authorities in several regions questioned the adequacy of Worldcoin’s measures to protect user data, prompting the foundation to accelerate its efforts in adopting more robust privacy technologies.

The Worldcoin Foundation’s adoption of SMPC is part of a broader initiative to enhance privacy and security. Other measures introduced in 2024 include personal custody for secure personal information storage, the ability for users to delete their iris codes, and on-site age verification to prevent underage sign-ups.

This new SMPC system represents a significant milestone in the field of biometric security, setting a new standard for privacy protection in digital identity verification.

Mentioned in this article
Latest Alpha Market Report



Source link

Tags: BiometricBitcoin NewsCrypto NewsCrypto UpdatesDataLatest News on CryptoopensourcesRevampedSB Crypto Guru NewssystemWorldcoin
Previous Post

Circle Moves Legal Home to U.S. for IPO: Bloomberg

Next Post

Mastercard Selects Five Startups for Blockchain Program

Related Posts

China’s iris data warning raises red flags for Worldcoin operations

China’s iris data warning raises red flags for Worldcoin operations

by SB Crypto Guru News
August 6, 2025
0

China’s Ministry of State Security (MSS) has warned that a foreign crypto company is collecting iris scan data under the...

Earnings Continue With Uber, Shopify, AMD, Disney

Earnings Continue With Uber, Shopify, AMD, Disney

by SB Crypto Guru News
August 6, 2025
0

A bevy of earnings hit the tape on Tuesday and Wednesday, and The Daily Breakdown is here to run through...

Trump considers executive order to penalize banks blocking crypto companies

Trump considers executive order to penalize banks blocking crypto companies

by SB Crypto Guru News
August 5, 2025
0

US President Donald Trump is reportedly preparing to sign an executive order aimed at curbing discrimination against the crypto industry...

Bitcoin bleeds 4M in a week investors pivoted to Ethereum

Bitcoin bleeds $404M in a week investors pivoted to Ethereum

by SB Crypto Guru News
August 4, 2025
0

Crypto investment products saw a $223 million outflow last week, ending a 15-week period of consistent inflows, according to CoinShares’...

Earnings Diverge as Mega-Caps Lead, Real Economy Lags

Earnings Diverge as Mega-Caps Lead, Real Economy Lags

by SB Crypto Guru News
August 4, 2025
0

Analyst Weekly, August 4, 2025 Big Tech feasts, the rest nibble. Microsoft and Meta crushed Q2 earnings, but half of...

Load More
Next Post
Mastercard Selects Five Startups for Blockchain Program

Mastercard Selects Five Startups for Blockchain Program

Shibaswap Migrates to Shibarium Network, Expanding Access to 2 Chains

Shibaswap Migrates to Shibarium Network, Expanding Access to 2 Chains

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.