Worldcoin, the AI-centric identity project, is facing backlash from privacy advocates and regulators over its collection of biometric data. The project, which rewards WLD cryptocurrency users for scanning their iris, has been banned in Spain and Hong Kong over privacy concerns. Despite this, Worldcoin claims its technology was misunderstood and has made its software open source in response to criticism. While the company is taking steps to improve transparency and security, it still has a long way to go to convince the public and regulators that its protocol is private, secure, and viable. useful. 🌐