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🚨🌐 A precautionary measure is presented against the suspension of Worldcoin by Consumer Protection
🌎 The World Foundation announced today that it has filed a precautionary measure against the order to cease operations of Worldcoin Foundation issued last week by Consumer Protection, an entity that claims "abusive clauses" in the adhesion contracts of citizens who have approached the company in order to offer their biometric data in exchange for cryptocurrencies.
In a press release, World Foundation argued that it is "disagreeing with any accusation of abuse related to its terms of service.
The terms of service of World comply with all applicable legal requirements in the Dominican Republic and are designed to adhere to some of the strictest regulatory frameworks in the world, such as the General Data Protection Regulation (GDPR) of Europe," it stated.
World reiterated its purpose is to provide individuals with a digital proof of humanity, allowing them to verify "securely and anonymously that they are real and unique humans (not bots).
This facilitates a smooth online verification for activities such as logging into social media, conducting online surveys, or purchasing concert tickets.
#Worldcoins #worldcoinnews #WorldApp #WorldCoin. $WLD
🌎 The World Foundation announced today that it has filed a precautionary measure against the order to cease operations of Worldcoin Foundation issued last week by Consumer Protection, an entity that claims "abusive clauses" in the adhesion contracts of citizens who have approached the company in order to offer their biometric data in exchange for cryptocurrencies.
In a press release, World Foundation argued that it is "disagreeing with any accusation of abuse related to its terms of service.
The terms of service of World comply with all applicable legal requirements in the Dominican Republic and are designed to adhere to some of the strictest regulatory frameworks in the world, such as the General Data Protection Regulation (GDPR) of Europe," it stated.
World reiterated its purpose is to provide individuals with a digital proof of humanity, allowing them to verify "securely and anonymously that they are real and unique humans (not bots).
This facilitates a smooth online verification for activities such as logging into social media, conducting online surveys, or purchasing concert tickets.
#Worldcoins #worldcoinnews #WorldApp #WorldCoin. $WLD
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