Worldcoin was founded by three people including Sam Altman, aiming to create a unique form of identity through iris scans. Users get a 'World ID' after an in-person iris scan at designated centers, receiving digital coins as a reward.
AEPD's decision is based on 'exceptional circumstances' that necessitate safeguarding individuals' personal information. Privacy concerns have been raised, specifically regarding the sensitive nature of biometric data and insufficient transparency about data usage.
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