Scanning for Scandal: Argentina's Risky Data Trade

Desperate times lead to desperate measures: In Argentina, your eyes can literally be the window to easy money.

During times of economic turmoil, Argentines are turning to Worldcoin's iris-scanning scheme, driven by promises of quick cash in a dire financial landscape. As inflation soars and unemployment grips the nation, a network of intermediaries flourishes, persuading individuals to trade biometric data for cryptocurrency. Despite the allure of immediate relief, the risks are profound, with personal data privacy hanging in the balance.

Worldcoin's operations, involving half a million Argentines so far, highlight a stark violation of privacy norms, with data potentially being misused or sold without consent. Legal scrutiny is escalating, with regions pushing for investigations and tighter regulations. However, the ethical dilemma deepens as the population, desperate for economic relief, continues to participate.

Amidst these practices, we must ask: In the race to alleviate financial distress, have we consented to overlook the sanctity of our personal data?

Read the full article on Rest of World.

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