Biometric verification has become a common practice in daily life, from work attendance to banking and smartphone access. Despite frequent use, many users overlook what service providers do with their biometric data. Data breaches and privacy concerns are prevalent, raising questions about ownership and future use of such data. In a podcast discussion, Sebastian Rodriguez, Privado ID's chief product officer, highlighted the risks of granting perpetual access to biometric data. Distinct from play-to-earn schemes, selling biometric data raises uncertainties about its future value and applications. Rodriguez also critiqued Worldcoin's monopoly assumption and emphasized the need for caution in handling biometric information. As biometric technology evolves, ensuring data security and privacy remains crucial. Listen to the full podcast on Cointelegraph for more insights on this topic. Read more AI-generated news on: https://app.chaingpt.org/news