Sam Altman’s popular cryptocurrency project, Worldcoin, is moving across the globe. The company announced a worldwide launch on July 24, 2023.
The company stated: “Over three years ago, we founded Worldcoin with the ambition of creating a new identity and financial network owned by everyone; Deployment begins today. If successful, we believe Worldcoin could significantly increase economic opportunity, expand a trusted solution to differentiate humans from AI online while protecting privacy, enable global democratic processes, and ultimately pave the way for a potential AI-funded UBI.”
Users can now download the World App and reserve their Worldcoin stake. The company has a vision of creating a more inclusive global economy by making it easier for everyone to participate in the digital world.
The project believes that by providing people with a secure and anonymous way to identify themselves online, it can help reduce fraud and discrimination, and can also help promote economic opportunity for all.
What is WorldCoin?
Worldcoin is a decentralized open source protocol that aims to create a global financial network and identity owned by all. The project was founded in 2019 by Sam Altman, CEO of OpenAI.
A blog from the Worldcoin states “Worldcoin is an open source protocol or system created to give everyone access to the global economy. It is designed to be decentralized, meaning that its oversight and decision-making ultimately rests with the user community.”
The project is supported by two organizations, namely: The Worldcoin Foundation and Tools for Humanity.
The Worldcoin Foundation is a non-profit organization whose goal is to grow and support the Worldcoin community until it becomes self-sustaining.
It will do this by supporting developers, providing grants, and exploring ways for users to help maintain the protocol governance of this project.
Tools for Humanity is a global technology company founded to help create a just economic system. They led the initial development of the Worldcoin protocol, which is a new way to identify and verify people on the Internet. TFH is also developing World App, a mobile application that will make it easier for people to use Worldcoin.
How does Worldcoin work?
Worldcoin works by using a biometric verification device called Orb to scan the iris of the eye. Once the iris is scanned, the person is issued a World ID, which is a digital passport that proves they are a real and unique person.
World ID can be used to authenticate websites, applications and other services, and can also be used to receive Worldcoin, a cryptocurrency distributed to all World ID subscribers.
The company mentions three main steps to using Worldcoin:
- Download Worldcoin App: This will help users to set up a Worldcoin account and access digital wallets linked to Worldcoin, Bitcoin, Ethereum and other digital currencies.
- World ID login: You can use World app without World ID login. But the important thing is to sign up for a World ID by visiting the Worldcoin operator and verifying your unique personality on Orb so you can get a free share of Worldcoin tokens.
- Get a free share of Worldcoin and other digital currencies: Once registered, users can use their world ID in the World app to learn more about digital currencies and get free Bitcoin, Ethereum, etc. Once the mainnet launch is complete, people in countries where the Worldcoin token is available will also be able to use their world ID to claim their free Worldcoin token share
In short, Worldcoin is still a relatively new project, but it has the potential to significantly impact how people interact with the digital economy.
Categories: Optical Illusion
Source: tiengtrunghaato.edu.vn