The goal is to create a system that will, eventually, freely distribute tokens to all eight billion people on the planet, as a form of universal basic income (UBI). But first worldcoin needs to prove that all recipients are human, says jeffwilser.
, “Productivity growth throughout the economy will accelerate dramatically, driving economic growth, creation of new industries, creation of new jobs, and wage growth, and resulting in a new era of heightened material prosperity across the planet.”
And if this happens? If they actually pull off this wild plan, giving everyone on the planet access to self-sovereign identity and universal basic income? When I ask him that during our recent Zoom interview, Blania is almost at a loss for words, thinking that this moment would represent “one of the most profound technological shifts that has ever happened.”What was your reaction when Sam pitched you the idea for Worldcoin?I honestly didn't take it seriously for quite a while.
Once you’ve done that, [in the future] you receive ownership in the actual token every week by just being part of it. These are the three things. So World ID, World App, and Worldcoin. [Editor’s note: Worldcoin later reiterated that the token is not currently planned for the United States, due to regulatory concerns.]The problem is very simple. The problem is you need to make sure that every human being can get a unique identity that’s completely privacy-preserving. That's the task.
People care! And people, of course, are worried about what The Orb means for surveillance and privacy. How do you respond to these concerns? So if you want to solve this Proof of Personhood problem -- this unique human being amongst a billion people problem -- with just a face camera or a Face ID or something like that, you would fail after tens of millions of signups. The iris is very unique. It’s very hard to fake. It’s pretty stable over time. It has many properties that make it the best way to solve the problem.
It gets signed by The Orb, and then a uniqueness check happens in the cloud. And this is the cool part -- the uniqueness check is separated from the user knowledge proofs. Basically, the user just proves that they’re included in that set of unique other users without actually releasing their information or the key or anything, right?
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