What exactly is Worldcoin? A crypto that wants to scan you eyeballs?

Co-founded by OpenAI CEO Sam Altman, Worldcoin aims to provide its users with a verified digital identity.

  • Plus it’s a cryptocurrency token named Worldcoin (WLD) and a crypto wallet app.
  • “The goal is simple: A global financial and identity network based on proof of personhood,” Altman wrote on Twitter.

How it works: Worldcoin’s platform verifies a user’s identity by scanning their iris to create personal, secure identification codes.

  • After launching, Ethereum founder Vitalik Buterin expressed his concerns about Worldcoin arguing that the platform’s iris scans could be harvesting more information than the company is letting on
  • Or that someone could potentially scan someone else’s iris in order to determine whether they had a World ID.

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