Worldcoin has sought to allay data security concerns raised by Kenya’s Ministry of Interior resulting to the suspension of its registration of Kenyans for the controversial World ID.
In a statement sent to Swala Nyeti, the American cryptocurrency project said it is seeking better ways of handling the huge crowds that have turned up at its KICC enlisting points.
Worldcoin says the demand for its iris scanning using the Orb machine before one acquires a World ID and 25 free WLD crypto tokens has been overwhelming in the first three days.
“The demand for Worldcoin’s proof of personhood verification services in Kenya has been overwhelming and inspiring, resulting in tens of thousands of individuals waiting in lines over a three-day period to secure a World ID,” said Worldcoin in a statement.
It added, “Out of an abundance of caution and in an effort to mitigate crowd volume, verification services have been temporarily paused.”
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The firm co-founded by OpenAI CEO Sam Altman and Alex Blania undertook to enlighten Kenyan authorities on the platform’s privacy measures during the period of suspension.
It pledged to develop better onboarding and crowd control measures saying the Worldcoin Foundation aims to decentralize power to drive economic growth and financial inclusion.
“Worldcoin remains committed to providing an inclusive, privacy-preserving, decentralized on-ramp to the global digital economy and looks forward to resuming its services in Kenya while working closely with local regulators and other stakeholders,” stated Worldcoin.
The firm says Kenyans will be allowed to reserve their Genesis tokens on the Worldcoin App and claim them at a future date when the Kenya government allows verifications to resume.
Worldcoin assured Kenyans of the security of their collected data saying the World ID will allow people to take part in the global digital economy to embrace the future of finance.
“Worldcoin employs state-of-the-art technology and stringent security measures to safeguard users' personal information,” indicated the crypto company.
It also undertook to comply with all relevant laws and regulations, be more transparent in its activities in Kenya and engage in a constructive dialogue with all the local stakeholders.
Worldcoin further said it will forge stronger relationships with Kenyan regulatory bodies and partners including SafariDAO, the Blockchain Association of Kenya and Nairobi City County.
“Worldcoin is committed to working with our partners throughout the world to ensure that the Worldcoin project meets regulatory requirements and provides a safe, secure, and transparent service for verified humans.
“We aim to engage in an open and transparent dialogue to address any concerns and collectively ensure a thriving digital economy in Kenya.”
By the time its registration was suspended by Interior CS Kithure Kindiki on Wednesday, Worldcoin had registered more than 360,000 Kenyans on the cryptocurrency platform.