'We are on this mission of building the biggest financial and identity community that we can': Worldcoin announces it would allow other companies and governments to use its iris-scanning and identity-verifying technology
, requiring users to give their iris scans in exchange for a digital ID and, in some countries, free cryptocurrency as part of plans to create a "identity and financial network".shiny spherical "orb"
Macieira said Worldcoin would continue rolling out operations in Europe, Latin America, Africa and "all the parts of the world that will accept us." "I don’t think we are going to be the ones generating universal basic income. If we can do the infrastructure that allows for governments or other entities to do so we would be very happy," Macieira said.
Worldcoin's website says the project is "completely private" and that the biometric data is either deleted or users can opt to have it stored in encrypted form. The project "requires very, very ambitious security measures and lots of explanations and transparency to ensure that data protection requirements are not neglected," Will said.Rainer Rehak, a researcher on AI and society at the Weizenbaum Institute in Berlin said that Worldcoin's use of technology is "irresponsible" and that it is not clear what problems it would solve.
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