OpenAI President Sam Altman took to Twitter to officially once again introduce Worldcoin, an undertaking of his that was overshadowed by the fame of ChatGPT. The Worldcoin project uses a straightforward model: permit your eyes to be examined to demonstrate your human uniqueness, and get some crypto and an ID (called a World ID) in return. Worldcoin asserts that it is the “world’s largest identity and financial public network” accessible to individuals all over the world.
Worldcoin is an effort to establish a digital network where everyone can stake a stake and participate in the digital economy. Worldcoin volunteers known as “Orb operators” scan a person’s iris pattern with a device called “Orb” to collect their biometric data and issue them with a World ID through the World app. With the application, filtered members can gather a digital money called Worldcoin [WLD] at standard spans or make exchanges with their Reality ID where conceivable. This procedure, known as “proof of personhood,” prevents individuals from signing up multiple times in exchange for cryptocurrency.
Source: https://www.cryptoknowmics.com/news/worldcoin-sam-altmans-biometric-project-in-india