Iris Scanning Worldcoin Idea Fuels Objections From Privacy Advocates — Snowde...
During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project has privacy advocates reeling and whistleblower Edward Snowden slammed the project’s creators and said “don’t catalogue eyeballs.” Worldcoin Turns Heads in the Crypto World as It Wants to Scan Your Eyeballs in Exchange for Free Crypto There’s a new....
Related News
Worldcoin, a crypto project co-founded by OpenAI CEO Sam Altman, has been under the microscope in several countries, including Britain, Germany, and France. The project, led by Tools for Humanity, promises users a new “identity and financial network” but has faced criticism and scrutiny over its method of acquiring user data, particularly the scanning of […]
The Worldcoin community has become a project sponsor for The Water Project. A few weeks ago, I made a post about the troubles facing Worldcoin's Well Project. Although the Worldcoin community had raised enough money to pay for a new well in Africa through the Water Project, a price in the price of worldcoins led to that project actually only ended up with half of the $10,000 it needed to get started. To be fair, the collapse in the worldcoin price came at a time when pretty much all cryptocurrencies were falling in price, including bitcoins. After that setback, the Worldcoin community was....
The Kenyan government has set up a 17-member committee to investigate the operations of American-based cryptocurrency firm Worldcoin, due to its collection of biometric data not satisfying Kenya’s data privacy laws of the country. The process requires a user to give his iris scans in exchange for a digital ID known as global ID and get free Worldcoin tokens as part of plans to create a new identity and financial network, and the Kenyan government saw this as a security risk. Joint Ad-hoc Committee Investigation In Kenya Kenya’s National Assembly Speaker Rt Hon. (Dr.) Moses....
Newly-launched project Worldcoin has failed to achieve significant progress as signups for the platform’s ‘Digital ID’ continues to dwindle since launching on July 24. What Is Wrong With Worldcoin? Controversies surrounding the project and reservations like privacy concerns have brought about skepticism and reluctance to sign up on the platform. As part of the sign-up process, users must scan their iris using “The Orb,” available at designated locations worldwide. Once the user is verified as human, they receive the “World ID” alongside 25 WLD, the project’s native token, worth roughly....
In a recent announcement, Tools for Humanity, the company behind Worldcoin, revealed the upcoming launch of World Chain. The open-source Ethereum layer-2 blockchain will debut in mid-2024 and aims to transform human authentication through its integration with the Worldcoin protocol. Worldcoin Unveils World Chain Worldcoin is a project aspiring to become the world’s largest identity and […]