Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launches on Monday.
The project’s core offering is its World ID, an account that only real humans can get. To get a World ID, a customer signs up to do an in-person iris scan using Worldcoin’s “orb”, a silver ball approximately the size of a bowling ball. Once the orb’s iris scan verifies the person is a real human, it creates a World ID.
The cryptocurrency aspect of the World IDs is important because cryptocurrency blockchains can store the World IDs in a way that preserves privacy and can’t be controlled or shut down by any single entity, co-founder Alex Blania said.
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