🌐Worldcoin changes course and will accept passports as a verification method🌐
The digital identity and cryptocurrency company founded by artificial intelligence entrepreneur Sam Altman has modified its verification strategy.
Previously known as Worldcoin, the company now simply identifies itself as World and will allow users to verify their identity using NFC chip passports, in addition to the controversial iris scanning.
This measure is implemented after the Spanish Agency for Data Protection intervened in April to temporarily suspend the company's activities in the country.
🌎The new approach of World
Founded in 2019, World presented itself to the public with the mission of building a universal identification system based on biometric data from the iris. The idea behind this ambitious project was to generate a unique code that would allow distinguishing each individual from bots and artificial intelligences.
In exchange for the scan, the company offered a reward of 25 WLD, a cryptocurrency that at its peak reached a value of more than 11 euros, although it currently hovers around two euros. The scanning method is simple: the user must look for a few seconds at a spherical device called "Orb," which captures the information from their iris.
This system has generated as much interest as controversy; in a short time, Worldcoin has collected data from more than seven million people, although the viability and privacy of the model remain under scrutiny. In light of growing concerns about the use of this information, the option of verification with a passport presents itself as an alternative that, according to the company, seeks to respect user privacy and expand the global reach of the service.
