The growing concern about privacy and the handling of personal data has put WorldCoin at the center of various global investigations. This cryptocurrency platform, which offers incentives in exchange for biometric and personal data, has received criticism for the way it handles information collection. Mexico has not been the exception in this debate.

The WorldCoin Model and International Criticism

WorldCoin promises an inclusive digital economy by distributing cryptocurrencies in exchange for personal information. However, this model has generated distrust. The accusations and criticism focus on the risk of misuse of user data, especially by the collection of biometric data, such as iris recognition, which are extremely sensitive and can be misused if not properly protected.

Organizations and governments from various countries have opened investigations into the data collection method used by the platform. These investigations seek to determine whether WorldCoin complies with privacy and data protection regulations, and whether users are being adequately informed about the risks involved in sharing their information.

The Case of Mexico

In Mexico, the issue has gained relevance since April 2024, when representative María Eugenia Hernández presented a point of agreement in the Chamber of Deputies. This point of agreement aims to analyze and evaluate the WorldCoin model and the way in which the personal information of Mexican users is handled. The main concern lies in the lack of clarity about the destination of the data and the possibility of it being used improperly or for unauthorized purposes.

The deputy stressed the need to investigate how citizens' privacy is protected and whether the model of rewarding cryptocurrencies in exchange for personal data is ethical and safe. The question was also raised about the transparency of the platform in terms of the handling of this information and the possible long-term implications for users.

Data Protection and Mexican Law

The Federal Law on Protection of Personal Data Held by Private Parties (LFPDPPP) establishes strict regulations on data management in Mexico. Under this law, any entity that collects personal data is required to obtain explicit consent from users and ensure that their information is kept secure.

WorldCoin's model, which involves the collection of sensitive biometric data, raises concerns about compliance with this law. The Mexican authorities, as proposed by Representative Hernández, will seek to investigate whether the platform operates in accordance with these regulations and whether measures are being taken to protect the privacy of users.

The WorldCoin case highlights the growing importance of data protection in an increasingly digitalized world. Although the promise of cryptocurrency in exchange for personal information may be attractive to some users, it is crucial that the security of your data is guaranteed. In Mexico, authorities are taking steps to ensure that platforms like WorldCoin operate within the legal and ethical framework, protecting citizens from potential abuses.

This topic continues to evolve, and it will be interesting to see how ongoing research impacts the future of the platform and its relationship with users in Mexico and the world.