By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
crypto keynote usa black crypto keynote usa black
  • Home
  • Latest News
    Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market
 | USA
    BitcoinEthereum

    Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA

    Major cryptocurrencies held firm on Christmas Day and retained the gains made…

    By Crypto December 27, 2024
    Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%?
 | USA
    News
    Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA
    Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA
    News
    Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA
    Bitcoin at ,500: Whales and on-chain data refute the bear market
 | USA
    Bitcoin
    Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA
    Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA
    Bitcoin
    Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA
  • Binance
  • Bitcoin
  • BNB
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Mining
  • NFT
  • Altcoin
  • Download Now
  • Download Camtasia
Reading: Venezuelans cross to Colombia to have their iris scanned with Worldcoin | Crypto News
Share
Sign In
  • bitcoinBitcoin(BTC)$103,499.00
  • ethereumEthereum(ETH)$2,353.09
  • tetherTether(USDT)$1.00
  • rippleXRP(XRP)$2.38
  • binancecoinBNB(BNB)$641.06
  • solanaSolana(SOL)$171.51
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.208226
  • cardanoCardano(ADA)$0.79
  • tronTRON(TRX)$0.264065
Crypto NewsCrypto News
Font ResizerAa
  • Home
  • Contact
Search
  • Home
  • Latest News
  • Binance
  • Bitcoin
  • BNB
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Mining
  • NFT
  • Altcoin
  • Download Now
  • Download Camtasia
Have an existing account? Sign In
Follow US
  • Privacy Policy
  • Terms Of Us
  • Disclaimer
  • Editorial Policy
  • Cookies
  • DMCA
  • Affiliates
  • Contact Us
  • About US
© 2024 Crypto Keynote USA. All Rights Reserved.
Crypto News > Blog > News > Venezuelans cross to Colombia to have their iris scanned with Worldcoin | Crypto News
News

Venezuelans cross to Colombia to have their iris scanned with Worldcoin | Crypto News

Crypto
Last updated: 2024/12/18 at 8:25 AM
Crypto Published December 18, 2024
Share
Venezuelans cross to Colombia to have their iris scanned with Worldcoin
 | Crypto News
- Advertisement -
  • Worldcoin offers WLD tokens for iris scanning, with additional incentives for recruiters.

  • Regarding iris scanning, there are doubts about whether users understand what they are giving up.

The Worldcoin Cryptocurrency project, now known as World, has surpassed the social network TikTok in the ranking of most downloaded applications in Colombia, reflecting the significant interest of the inhabitants of a country that is home to almost 3 million Venezuelan migrants, the highest figure worldwide.

Contents
Worldcoin rewards “recruiters”Crypto Keynote USA

On the border between Venezuela and Colombia, Worldcoin has captured the attention of numerous Venezuelan citizens as a way to obtain additional income. Between 140 and 160 Venezuelans pass through this area and cross into Colombia daily through the Cúcuta border. according to NGO data Colombian-Venezuelan, dedicated to providing humanitarian aid to “walking migrants” since 2015.

Venezuela is going through a deep political and economic crisis that has intensified in recent years. Both crises are intertwined, where political instability has exacerbated the economic crisis and vice versa, creating a cycle of deterioration that deeply affects the population.

The economic crisis in Venezuela is characterized by a hyperinflation that has seen high annual rates, drastically eroding the purchasing power of citizens. So, due to a combination of factors, such as the devaluation of the national currency and the exchange gap between the official dollar and the parallel dollar, a massive migration was triggered, with millions of Venezuelans leaving the country in search of better opportunitiescontributing to one of the most significant migration crises in Latin America.

- Advertisement -

More Read

Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market
 | USA

Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA

Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%?
 | USA

Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA

Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA

Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA

In that context, worldcoin It is capturing the interest of Venezuelans, especially in the border axis, near Cúcuta, where there are three offices dedicated to scanning irises.

As we have explained in CriptoNoticias, Worldcoin is based on the premise of gathering biometric data to create a unique financial and digital identity network for individuals. So, to do this, the project uses devices called “Orb” to scan the iris with which it captures biometric data, a procedure that has generated controversy in various parts of the world.

People who scan their irises receive a handful of WLD tokens, the asset that occupies the central role of the project. In Cúcuta, for example, A person who scans their iris receives approximately 200 thousand Colombian pesosequivalent to 50 US dollars. However, in that border city, there is also the possibility of greater profits, as some people work informally as Worldcoin recruiters.

Worldcoin rewards “recruiters”

This is what Jackson, a resident of the Venezuelan city of San Antonio del Táchira (near Cúcuta), who shared his experience. «I downloaded the app, entered my information and they gave me an appointment. I went to the office near the Plaza de Las Palomas in Cúcuta, They scanned my iris and gave me more than 200 thousand pesos«he said.

Additionally, for each person Jackson recruited for Worldcoin, he received a commission of 40 thousand pesos ($10), which ensures an additional monthly income, something that many see as an economic opportunity in times of crisis, like the one Venezuela is facing. .

With Venezuelans handing over their biometric data in exchange for tokens, anyone can see that action as a sale, because users are exchanging something unique and personal in exchange for a financial reward.

This exchange has generated debate about the privacy and security of personal data, especially considering that Biometric data is extremely sensitive and its use could have implications in the long term for the privacy of individuals.

- Advertisement -

In several countries, questions have been raised about whether users fully understand what they are giving up in exchange for these tokens, with some even seeing this action as Bitcoin/alerta-worldcoin-peru-vender-organos-criptomonedas-abogado/” target=”_blank” rel=”noreferrer noopener”>an organ sale.

Meanwhile, Worldcoin has faced investigations due to possible violations of personal data protection laws, but has found in Cúcuta a perfect place to advance as a project.

Cúcuta, perhaps because it is a border city, has experienced numerous challenges that could give the impression of anarchy or that “anything goes.” There are complaints about chaos, including potholes, traffic problems, homeless people, trash, and smells of human waste and marijuana.

The lack of law enforcement in certain neighborhoods is mentioned, with illegal activities such as night businesses that proliferate without municipal intervention. Perhaps an ideal location for a project does not want to be perceived by the authorities’ radar.

Crypto Keynote USA

For the Latest Crypto News, Follow ©KeynoteUSA on Twitter Or Google News.

- Advertisement -

Advice to the Reader

Disclaimer: Please note that the information provided on this page is for News purposes only and should not be considered investment or trading advice. ©Crypto.keynoteusa.com strongly recommends that you conduct independent research and/or consult with a qualified professional before making any investment decisions.
Share This Article
Facebook Twitter Email Copy Link Print
By Crypto
Follow:
An Associate Keynote USA News Editor covering the latest news in search and social media for Search Engine Journal. We are exceptionally happy for you since you are passing with us your significant time.
Previous Article Ross Gerber reveals his perspective: Bitcoin as the new inflation hedge?
 | USA Ross Gerber reveals his perspective: Bitcoin as the new inflation hedge? | USA
Next Article Crypto market prepares for third consecutive US rate cut
 – Crypto Crypto market prepares for third consecutive US rate cut – Crypto
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Popular News
Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market
 | USA
Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA
Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%?
 | USA
Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA
Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA
Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA

Recent Posts

  • Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA
  • Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA
  • Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA
  • Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA
  • Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA

Recent Comments

No comments to show.
- Advertisement -

We inform crypto interested users of the latest crypto currency market trending news, like BTC, ETH, BNB coin, ADA Coin, Altcoin, Blockchain, Crypto Mining, NFT, Crypto digital coin pricr, and other digital currency news and updates. if you have any questions, you can contact us.

crypto keynote usa banner 1

Crypto News

  • Binance
  • Bitcoin
  • BNB Coin
  • Blockchain
  • Ethereum
  • Cryptocurrency
  • Mining
  • NFT
  • Altcoin

Useful Link

  • My Bookmarks
  • Customize Interests
  • Contact Us
  • About US
Crypto NewsCrypto News
Follow US
© 2024 Crypto Keynote USA. All Rights Reserved.
  • Privacy Policy
  • Terms Of Us
  • Disclaimer
  • Editorial Policy
  • Cookies
  • DMCA
  • Affiliates
  • Contact Us
  • About US
Welcome Back!

Sign in to your account

Lost your password?