Why registration of Worldcoin has been stopped at KICC

On Tuesday, the ongoing exercise of registering Kenyans into the newest cryptocurrency in town- Worldcoin was stopped at around 1:30 pm.

A credible source told Classic105 that the registration was halted over security concerns.

The team in charge turned away Kenyans after police intervened and asked them to do so. Police were also forced to drive away the large number of Kenyans who had shown up at KICC.

Instead, they were encouraged to look for a larger location, such as Nyayo or Kasarani Stadiums, where the exercise could be carried out with little security issues.

Office of the Data Protection Commissioner (ODPC), had warned Kenyans against joining the cryptocurrency.

Immaculate Kassait, the Data Commissioner, has advocated for greater caution while signing up for WorldCoin.

"The ODPC is aware that WorldCoin has now been launched and is processing sensitive personal data in a manner that requires a demonstration of proper safeguards under the Data Protection Act, 2019," reads a statement from the commission.

On Tuesday, August 1, 2023, Kenyans from all walks of life flocked to KICC to scan their eyeballs as they register Worldcoin.

Long queues were witnessed at KICC, with people from different parts of the country rushing to be part of the new Crypto technology.

On Tuesday, long lines formed in front of KICC, stretching all the way to City Hall. Joining Worldcoin includes scanning one’s Iris in exchange for cash. Those joining are given 25 WLD tokens equivalent tokens are equivalent to Sh7786.

The three-year-old digital ID platform Worldcoin made its public debut on Monday, August 24th, 2023.

Sam Altman, the CEO of OpenAI, co-founded Worldcoin, which seeks to give its customers a verified digital identity, a cryptocurrency token called Worldcoin (WLD), and a cryptocurrency wallet app.

Worldcoin - It is a platform for digital identification that intends to offer everyone on the planet a simple way to confirm that they are real humans and not a robot or an AI program.

The Worldcoin platform generates unique, secure identification numbers for each user by scanning their iris.

The company believes that because the codes are stored on a decentralized blockchain, it is impossible to copy or spoof them to construct fraudulent identities or commit fraud.

The project has already drawn a fair amount of criticism for its ambitious objectives and questionable procedures.