The lineup is strong! Worldcoin hires several former executives from technology giants to join

Tools for Humanity, the company behind the Worldcoin project co-founded by OpenAI CEO Sam Altman, has hired a number of experienced people to work together to strengthen its privacy, security, hardware and digital ID departments.

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:

• Device Chief Rich Heley: at Apple, Meta and With many years of work experience at Tesla, he will be responsible for leading the design and performance of the iris scanning device Orb.
• Privacy Officer Damien Kieran: Previously held a similar role at X.
• Chief of Information Security Adrian Ludwig: Former Google Android Security Director, will be responsible for data security within and outside Tools for Humanity.
• Ajay Patel, Head of World ID: will be responsible for leading its go-to-market strategy, public and private partnerships, and overall user experience. Patel previously led the identity team at Google Payments.

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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