Register on the Bybit exchange and receive a bonus of $4000.
Kryptowaluty

Worldcoin executives meet with Malaysian leaders over privacy concerns

The meeting’s initiative may indicate a growing interest among Southeast Asian countries in the opportunities and challenges of digital currencies and blockchain technology.

Date: 2024-04-24 Author: Łukasz Michałek
Worldcoin executives meet with Malaysian leaders over privacy concerns

Worldcoin executives met with top Malaysian officials over ongoing privacy concerns and regulatory challenges.

According to a recent social media post by the Malaysia Digital Economy Corporation, the agency emphasized the key role of MDEC programs, showcasing potential opportunities for cooperation, including strategic expansion in Malaysia.

CTA
Register on ByBit exchange

“Exciting discussions today as we met with Nordstar and its impressive array of portfolio companies, including Nothing, Airwallex and Worldcoin.” – the post reads. “The meeting was attended by YB Tuan Gobind Singh Deo, Minister of Digitization; YBrs. Tuan Ma Sivanesan.

Worldcoin leaders discuss strategic expansion

The post included photos of Alex Blani, Worldcoin’s chief programmer and co-founder and CEO of Tools of Humanity, talking to Malaysian leaders.

“The session discussed MDEC‘s influential programs, its key role in nurturing the venture capital and startup landscape, and opportunities for collaboration, including strategic expansion plans in Malaysia,” the post reads.

Earlier, Blania and OpenAI CEO Sam Altman held a 30-minute virtual discussion via video conference with the Malaysian government, addressing several issues related to the rapid development of technology.

During the meeting, Altman and Blania discussed the development of the Worldcoin project, which in its latest identity initiative focuses on creating a global and inclusive financial network, prioritizing the confidentiality and protection of private information.

Buterin says WLD is doing well when it comes to privacy

Ethereum co-founder Vitalik Buterin recently praised Worldcoin’s efforts to protect the privacy of user data, acknowledging the improvements made.

Buterin specifically noted that Worldcoin, co-founded by OpenAI’s Sam Altman, has done a “pretty good job” in implementing crypto measures to ensure the confidentiality of user data.

“IMO [in my opinion] they’ve actually done a pretty good job of taking privacy criticism seriously and designing their system to use less and less data,” Buterin said.

CTA
Register on ByBit exchange
Łukasz Michałek
Łukasz Michałek
Founder of the rapidly developing cryptocurrency channel "Biblia Kryptowalut" on YouTube. He also co-creates the Arena Trading group with Marek. Łukasz is fascinated and passionate about blockchain technology and cryptocurrencies, which constitute the central element of his activity in the cryptocurrency industry.
Register on the Bybit exchange and receive a bonus of $4000.
Get Bonus