The cryptocurrency project with an iris-based identity verification system intends to allow companies and governments access to its cutting-edge ID technology.
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00:00 [MUSIC PLAYING]
00:03 The point of the iris biometrics
00:16 is simply to confirm that you are human, that you are alive,
00:20 and that you are unique.
00:21 The image, on default, is deleted.
00:24 And the only piece that is kept is the iris code.
00:27 [MUSIC PLAYING]
00:30 This requires very clear conditions
00:50 to guarantee fairness and transparency.
00:53 Every data subject needs absolute clarity
00:58 about its purposes and the means of processing.
01:01 For instance, we are talking about an AI technology, which
01:05 seems to be in place here.
01:08 And so he should not have the feeling
01:12 to be overruled at the end.
01:14 And that's why we, as data protection authorities,
01:17 are in place.
01:18 [MUSIC PLAYING]
01:21 (upbeat music)