📢Blockchain News Flash! 🔍The Office of the Privacy Commissioner for Personal Data of Hong Kong recently completed an investigation into the Worldcoin project and ruled that its operation in Hong Kong violated the Privacy Ordinance. 🚫 In particular, the project collected citizens' iris and facial images through iris scanning devices, which was considered to violate the principles of collection, retention, transparency, access and correction of personal data.

😲 The investigation found that the collection of facial and iris images by "Worldcoin" was unnecessary and exceeded moderation. More worryingly, the project will retain personal data for up to 10 years to train artificial intelligence models for identity verification, which is considered to be excessive retention of personal data.

🔔The Office also pointed out that when "Worldcoin" collected personal data, participants did not receive clear legal requirements, including the purpose of collecting personal data and the rights and methods of participants to access and correct personal data. In addition, "Worldcoin" was unfair in collecting personal data. Not only did the relevant "Privacy Statement" and "Biometric Data Consent Form" lack Chinese versions, but the employees at the operating points would not explain or confirm to participants that they understood the contents of the documents, let alone inform participants of the risks of biometric data or answer participants' questions. 📚

🔮Although the prospects for Bitcoin are optimistic, this incident reminds us that the regulation and privacy protection issues in the blockchain industry are still severe. Let us pay attention to industry trends and look at the market rationally! 💪