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Sam Altman’s rebranded Worldcoin ramps up iris-scanning crypto project

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Sam Altman’s rebranded Worldcoin ramps up iris-scanning crypto project


Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, said on Thursday it was rebranding to World Network and was ramping up efforts to scan every human’s iris using its “orb” devices.

Its core offering is its World ID, which the company describes as a “digital passport” to prove that its holder is a real human and tell the difference with AI chatbots online.

World Network, which is facing scrutiny over its data collection, introduced a new version of its orb iris-scanning device at an event in San Francisco on Thursday, which it said features 5G connectivity and enhanced privacy and security features.

It also unveiled a slew of new ways to make it easier to access the orb, such as purpose-built retail locations and a partnership with Latin American delivery service Rappi to bring orbs to people.

The orb is a biometric data scanning device used to scan people’s iris in exchange for the cryptocurrency Worldcoin. Photo: AFP
The orb is a biometric data scanning device used to scan people’s iris in exchange for the cryptocurrency Worldcoin. Photo: AFP

To get a World ID, a customer signs up to do an in-person iris scan using World Network’s “orb”, a silver ball around the size of a bowling ball.



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