Worldcoin executives recently engaged with top Malaysian officials to address ongoing privacy concerns and regulatory hurdles.
In a social media post by the Malaysia Digital Economy Corporation (MDEC), the meeting highlighted potential collaboration opportunities, including strategic expansion into Malaysia. Attendees included Deputy General Secretary of the Ministry of Digital, Malaysia Digital Economy Corporation CEO Ts. Mahadhir Aziz, and Director General of the Department of Personal Data Protection Mohd Nazri bin Kama.
The post mentioned discussions with Nordstar and its portfolio companies, including Nothing, Airwallex, and Worldcoin, attended by Minister of Digital YB Tuan Gobind Singh Deo and YBrs. Tuan Ma Sivanesan.
Images accompanying the post showed Alex Blania, lead developer of Worldcoin and co-founder/CEO of Tools of Humanity, conversing with Malaysian leaders. The session explored MDEC’s programs, its role in nurturing the venture capital and startup landscape, and avenues for collaboration, particularly strategic expansion plans into Malaysia.
Earlier, Blania and OpenAI CEO Sam Altman held a virtual discussion with the Malaysian government, focusing on technology’s rapid development. They discussed Worldcoin’s project, emphasizing its goal of creating a global and inclusive financial network while prioritizing user data confidentiality.
Ethereum co-founder Vitalik Buterin recently commended Worldcoin’s efforts to enhance user data privacy, acknowledging their improvements. Buterin praised Worldcoin for taking privacy critiques seriously and designing their system to be more data-minimal.
