Worldcoin Iris Verification Project
According to a report by The Block, Tools for Humanity, a company co-founded by OpenAI CEO Sam Altman and the backer behind the iris verification project Worldcoin, has appointed four former Apple, Google, and Meta , Tesla and X executives joined its team.
Worldcoin is an encryption project founded by Sam Altman in 2020. It hopes to create an open source protocol for global financial fairness and inclusiveness. It aims to create a global digital currency that is fairly distributed to everyone through its digital identity system World ID. Use biometric data to verify an individual's uniqueness.
Tools for Humanity believes that the era of AI artificial intelligence has increased the need for this "proof of humanity", and the new employees are joining to help solve privacy and security challenges and "develop technology to develop a more just economic system."
Former executives from various technology giants have joined the team
According to reports, Tools for Humanity has hired a number of experienced people to be responsible for the following positions and tasks:
Worldcoin Privacy Concerns
Since its launch in 2021, Worldcoin has continued to face investigations into privacy issues and controversies in various jurisdictions. In addition to being issued a three-month ban by the Spanish Data Protection Agency (AEPD) in March, including Kenya, Hong Kong and South Korea have also successively launched investigations or implemented bans on Worldcoin. Previously, Worldcoin had suspended services in India, Brazil and France.
It seems that Tools for Humanity has hired a number of experienced executives to break this deadlock. Worldcoin token WLD is currently trading at $2.23, down 80% from its March high of $11.72!
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