Emag.co.uk Entertainment News Leader
Sam Altman, CEO of OpenAI, has launched Worldcoin, an innovative cryptocurrency project utilizing iris scanning for biometric verification to distinguish between real human users and AI systems. Through a mobile app, the public can participate, scanning their irises with a silver orb-like device to receive a “genesis grant” of 25 tokens (worth around £40), along with a unique “World ID” that authenticates their identity while preserving privacy and a crypto wallet on their smartphones.
The London-based orb at Techspace Worship Street has garnered substantial interest from potential users, but the UK’s data regulator, the Information Commissioner’s Office (ICO), plans to conduct further investigations into the privacy protection measures of the Worldcoin scheme. Worldcoin aims to distinguish “verified humans” from AI systems and strives to ensure universal access to the global economy, irrespective of location or background. Biometrically verified users will receive Worldcoin tokens, claimed to be the first freely distributed crypto tokens to real individuals, granting them a digital identity and access to the World App for seamless transactions and transfers with digital assets and traditional currencies.
Worldcoin, co-founded by Sam Altman and Alex Bania, launched officially after three years of development with two million users from 33 countries in trial stages, mainly from Europe, India, and southern Africa. Altman emphasizes the importance of AI regulation to minimize risks and maximize benefits.
