News iris scanning / Worldcoin Africa Impact 6.0/10 3 min read

Worldcoin Expands Global Footprint

Worldcoin, founded by OpenAI CEO Sam Altman, plans to expand globally, offering iris-scanning and identity-verification technology. Users undergo iris scans via an 'orb' in exchange for digital ID and cryptocurrency. About 2.2 million people have registered. Regulatory authorities in the UK, France, and Germany are investigating. Worldcoin raised $115 million from investors including Bain Capital Crypto. The company aims to deploy AI-powered chatbots and offer its digital identity system to other entities.

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Maldives Republic

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Aug 3, 2023

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Worldcoin, founded by OpenAI CEO Sam Altman, plans to expand globally, offering iris-scanning and identity-verification technology. Users undergo iris scans via an 'orb' in exchange for digital ID and cryptocurrency. About 2.2 million people have registered. Regulatory authorities in the UK, France, and Germany are investigating. Worldcoin raised $115 million from investors including Bain Capital Crypto. The company aims to deploy AI-powered chatbots and offer its digital identity system to other entities.

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