ChatGPT is not Sam Altman’s only project. The American businessman and programmer is also responsible for the crypto company Worldcoin, an entity that wants to register the iris as a biometric mark, In return offers its users an amount of money in the form of sign or cryptocurrency.

The purpose of world currency is to become the largest financial network in the world, where each individual receives tokens to confirm their unique identity. The company uses a unique biometric identifier: the iris scan. Users must have their iris scanned at one of the company’s many registration points around the world.

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The intention of this company is to democratize cryptocurrencies, transfer this technology to as many people as possible. According to Crypto data, only 3% of the world’s population is a user of virtual currencies. “Cryptocurrency is a very powerful thing,” said Blania, CEO of Worldcoin CNBC.

world currency it aims to become a valid digital identification method for sending money, voting and conducting government procedures. Those responsible for Worldcoin confirm that their intention is to help build more responsible use of artificial intelligence, as there is currently no method of identity verification.

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Currently, the company has more than two million users, so it has raised some concerns when it comes to privacy. Even from the former CIA operative, Edward Snowden, who points out that the project is simply storing a global database of people’s iris scans, without considering the potential consequences. He added that the hashes produced by the scans can be used to match future scans, and therein lies the problem.

The company has claimed that images are quickly removed unless the user explicitly requests that they be kept. The process does not end there, because those who register they must have access to the World App application, where they can manage the tokens received. They can even manage other cryptocurrencies such as Bitcoin and Ethereum.