• Mon. Feb 26th, 2024

OpenAI CEO Sam Altman Launches WorldCoin Crypto Project

OpenAI CEO Sam Altman Launches WorldCoin Crypto Project
San Francisco: OpenAI Chief Executive Sam AltmanLaunched on Monday with two co-founders Worldcoin Crypto The project says it aims to provide users with a verified digital identity and access to financial networks.

“The Worldcoin WorldCoin, a project founded by Sam Altman and Alex Blania, announced today the foundation. Max Novembersternis now live,” read a statement on WorldCoin’s website.
WorldCoin gives users a personal digital identity — a “WorldID” — after they register in person, where an “orb” imaging device scans their eye’s unique iris pattern to determine if they are a “true and unique person,” WorldCoin said.

The founders said verified private digital identities are critical to distinguishing humans from AI online.
“On Monday, the company also launched WorldCoin Token, a cryptocurrency that millions of beta participants can now transact on the blockchain in certain locations,” the statement said.
WorldCoin aims to create “the world’s largest identity and financial public network,” according to its website.
“If successful, we believe WorldCoin will find a credible solution to significantly expand economic opportunities, separate AI from humans online while preserving privacy, enable global democratic processes, and eventually show a potential path to AI-financed (universal basic income),” Altman and Blania said in a letter posted on Twitter.
The company spent three years developing the project, and 2 million people signed up for a World ID during beta testing.
WorldCoin is rolling out 1,500 orbs in locations around the world, enabling millions of people to register, according to its website.
“Like any ambitious project, maybe it works, sometimes it doesn’t, but trying things like this is progress,” Altman tweeted.
Blania was also cautiously optimistic.
“This is the beginning of a long journey. Especially in the beginning, things won’t be perfect. But with fast iteration, we hope WorldCoin can become an empowering technology layer for every human being,” he tweeted.

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