Worldcoin experiences a significant price increase of 6% following the rollout of cutting-edge privacy technology, marking a pivotal moment for the cryptocurrency. The introduction of the Secure Multi-Party Computation (SMPC) system and the removal of old iris codes have instilled confidence among investors and reshaped the landscape of digital currencies.

The Worldcoin Foundation's announcement of the SMPC system implementation has propelled the price of Worldcoin (WLD) to new heights. This advanced technology, developed in collaboration with cryptography experts from TACEO, represents a breakthrough in biometric template protection. By utilizing secure multi-party computation techniques, iris codes are now encrypted and distributed among multiple parties, ensuring enhanced privacy and security for users.

The innovative approach of dividing iris codes into secret shares and enabling collaborative computation without exposing sensitive information sets a new standard for biometric data protection. The transparency of this process, detailed in an open-source GitHub repository, underscores Worldcoin's commitment to fostering innovation and maintaining user privacy within the cryptocurrency community.

The successful migration of iris codes to the SMPC system has enabled Worldcoin to securely delete outdated uniqueness-checking mechanisms and old iris codes, reinforcing its dedication to safeguarding user data. This strategic move towards enhanced privacy measures has garnered positive market response, with the price of Worldcoin (WLD) surging to $5.62, reflecting a 5.8% increase in the past hour. The substantial trading volume of $545,739,668.60 further indicates growing investor confidence in Worldcoin's technological advancements and data security initiatives.

With a circulating supply of 210 million WLD, Worldcoin's market capitalization now stands at $1.07 billion, highlighting the platform's growing prominence and the market's recognition of its commitment to innovation and privacy protection. This price surge signifies a significant milestone for Worldcoin as it continues to lead the way in advancing privacy-centric technologies within the cryptocurrency space.