What is Worldcoin? The Crypto Project Launched by OpenAI CEO

Image Source: forbes.com

In a rapidly evolving digital landscape, the need for secure and private identification is becoming increasingly crucial.

Recognizing the potential challenges posed by advancing AI technologies, OpenAI CEO Sam Altman has taken the initiative to launch Worldcoin (WLD), a groundbreaking cryptocurrency project.

Worldcoin seeks to redefine the digital identification process by providing users with a unique World ID, verifying their real-human status while preserving their anonymity.

Worldcoin introduces the concept of World ID, a digital passport that serves as a verification of a user’s real-human status.

World ID aims to address this issue by offering a secure and anonymous way to prove one’s human identity online.

To obtain a World ID, users must undergo an in-person biometric screening at one of Worldcoin’s ‘Orbs.’

These Orbs, silver spheres about the size of a soccer ball, are strategically placed in various locations worldwide.

During the screening process, users undergo a face and iris scan, ensuring the validity of their identity.

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