Negative Aspects of facial recognition technology in cryptoprojects:



🔹️One of the most significant concerns surrounding facial recognition technology is privacy. Collecting and storing biometric data, such as facial images, raises questions about how that data is used, who has access to it, and the potential for misuse or data breaches.

🔹️Storing sensitive biometric data in centralized databases poses security risks. If a data breach occurs, it can lead to severe consequences for users, as biometric information is not easily changeable like passwords.

🔹️In the context of crypto projects, facial recognition technology used by governments or regulatory authorities can raise concerns about mass surveillance and the potential intrusion of privacy.

🔹️Implementing facial recognition technology requires obtaining informed consent from users. Ensuring users fully understand how their biometric data will be used and stored is essential to maintaining transparency and trust.
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