Worldcoin has gained significant traction in Spain, especially among tech enthusiasts, resulting in a 3% rise in its price.
Sam Altman’s Worldcoin has garnered significant support in Spain, attracting the attention of technology enthusiasts. Notably, the price of the native cryptocurrency of Worldcoin known as WLD, has increased by 3% as a result of this event.
This increase, in light of the positive impact that the recent news from Sam Altman’s company has had, is indicative of the growing optimism that is occurring.
Worldcoin Gains Robust Support In Spain
In a recent statement, Worldcoin revealed that it conducted a poll with over 21,000 Spanish users to understand their views on the platform. Nearly ninety percent of respondents expressed their support for the resumption of Worldcoin activities in Spain, giving the results an overwhelming favorable indication.
Particularly noteworthy is the fact that this feedback emphasizes the growing importance of digital proof of humanness in the nation. In addition, the study found that 73 percent of respondents felt that Worldcoin has the potential to contribute to the development of a safer and more secure internet.
Moreover, 82 percent of respondents believe that technology such as World ID is essential for identifying humans and bots while they are online. Another finding from the poll was that 81 percent of users believe that using Worldcoin is safe.
These findings provide further evidence that Worldcoin’s privacy and security safeguards are well-supported. The platform uses an SMPC system to encrypt iris codes and employs ZKP, or zero-knowledge proofs, to protect user privacy.
Privacy and Compliance Commitment
Specifically, the company claims that this method guarantees the confidentiality and safety of the information provided by users.
Tools for Humanity (TFH), a contributor to Worldcoin, has extended the suspension of orb operations in Spain to facilitate a thorough GDPR compliance audit by BayLDA, the primary authority in Bavaria. The release highlights the most recent development.
By taking this voluntary action, Worldcoin is demonstrating its commitment to transparency and compliance with regulatory requirements.
In his capacity as Chief Legal Officer at TFH, Thomas Scott stressed the company’s commitment to addressing concerns over privacy.
Furthermore, he praised the latest survey while simultaneously demonstrating the project’s dedication to working closely with the authorities throughout the process. On the other hand, the report also underscores the fact that there is growing support for proof of humanness on a global scale.
Surveys conducted in Peru, Mexico, and Colombia reveal a similar pattern. Ninety percent of respondents in Peru are interested in technological solutions that can discern between humans and bots. In Mexico, 75% of individuals experience a sense of security when they recognize the human authorship of the information.
Considering the growing demand for trustworthy methods to authenticate human presence online, our findings are in accord with the situation. Wordlcoin’s public survey resulted in a 3.12% increase in WLD’s price to $5.03 and an 18% increase in trade volume to $306.98 million.
In the past twenty-four hours, the cryptocurrency has experienced a range of prices, with a high of $5.10 and a low of $4.86.