The price of Worldcoin (WLD) surged by 6% following the announcement by the Worldcoin Foundation of a major technological upgrade. The Foundation introduced a new Secure Multi-Party Computation (SMPC) system designed to enhance the privacy and security of its users. In conjunction with this upgrade, the organization has also deleted old iris codes, addressing privacy concerns and reinforcing its commitment to user data protection.
Advanced Cryptographic Research and Implementation
The Worldcoin Foundation, in collaboration with TACEO, a team of cryptography engineers, has made significant strides in the field of biometric template protection. Through applied research, they have advanced the state of the art in secure multi-party computation (SMPC), a cutting-edge area of cryptography.
By leveraging recent advances in SMPC for machine learning, Worldcoin and TACEO have developed a sophisticated system for encrypting iris codes. This innovative approach ensures that each iris code is div
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