What Is the Cryptocurrency Worldcoin? And How Does It Work? makeuseof.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from makeuseof.com Daily Mail and Mail on Sunday newspapers.
Worldcoin plans to expand globally and offer its iris-scanning and identity-verification technology to other organisations, according to a senior manager. The company, launched last week, requiring users to give their iris scans in exchange for a digital ID and free cryptocurrency.
Founded by OpenAI CEO Sam Altman and theoretical physics student Alex Bania, the firm has invented a device known as an orb through which users can scan their eyes. The image is then encrypted and uploaded – after which they get free crypto. Privacy experts are not fans of the project