The Worldcoin Foundation announced a new Secure Multi-Party Computation (SMPC) system, leading to a 6% surge in WLD price. This upgrade, developed with TACEO, enhances user privacy by encrypting iris codes and deleting old data, marking a significant advancement in biometric data protection. The system’s open-source nature, detailed on GitHub, allows for widespread transparency and innovation. This move has positively impacted Worldcoin’s market value, with its price reaching $5.62 and a market cap of $1.07 billion.
This technological leap underscores Worldcoin’s commitment to privacy and security, setting a new benchmark in the protection of biometric data and attracting investor confidence.
