#worldcoin Worldcoin Launches Digital ID Verification in Austria Worldcoin Launches Digital ID Verification in Austria YEREVAN (CoinChapter.com) — Worldcoin has launched its digital identity verification system, World ID, in Austria, focusing on Vienna. From July 31, residents of Vienna aged 18 and over can verify their World ID at various locations throughout the city. This addition brings Worldcoin’s network to over 6.3 million users worldwide. Worldcoin Expands Digital ID to Austria. Source: Worldcoin Foundation Announcement Tools for Humanity, the Germany-based company behind Worldcoin, ensures compliance with the European General Data Protection Regulation (GDPR). The company consulted with the Austrian data protection authority to address privacy and data security concerns. Worldcoin’s ID verification process involves an iris scan and does not collect additional personal data. Friederike Lumbroso-Baumgartner, general manager at Tools for Humanity for Germany, Austria, and Switzerland, emphasized the importance of quick access to World ID. Austrian residents can become Worldcoin ambassadors to help spread awareness and understanding of the project. Worldcoin Expands in Europe Amid Regulatory Scrutiny and Security Enhancements Worldcoin’s launch in Austria follows a similar introduction in Germany. The Bavarian State Office for Data Protection Supervision (BayLDA) previously investigated Worldcoin’s biometric data collection. Worldcoin has also faced regulatory challenges in Spain and Hong Kong, where operations were paused due to privacy concerns. Despite these issues, Worldcoin continues to work towards compliance with local regulations. The company has enhanced security measures by open-sourcing its biometric data system and allowing users to delete old iris codes. In Kenya, operations resumed in June 2023 after local authorities concluded their investigation. Official statement from the Directorate of Criminal Investigations (DCI). Source: Worldcoin.org Worldcoin Marks First Anniversary Amid Price Dip and Expansion into Austria.
#wld grant system expected to change as from 1st August 2024. Worldcoin has been issuing grants twice every month but this will change as from 1st August. Grants will be issued monthly instead of twice after every 2 weeks. The expected grant reward for every verified user Is 5.1 wld for each ac. Reservations for wld will stop as from 1st August and all reserved wld tokens redemption extended to 31 July 2025