What is “Worldcoin”, the cryptocurrency launched by Sam Altman, the boss of OpenAI

by time news

2023-07-24 15:49:31

By Le Figaro with AFP

Posted 3 hours ago, Just Updated

Sam Altman, the boss of the artificial intelligence start-up OpenAI, officially launched Worldcoin on Monday. KEVIN DIETSCH / AFP

Users of the new “Worldcoin token” will need to use their irises as identification.

Sam Altman, the boss of the artificial intelligence start-up OpenAI, officially launched Monday Worldcoin, a cryptocurrency equipped with an identification system from the human iris. “More than three years ago, we launched (the company, editor’s note) Worldcoin with the ambition of creating a new identity and a financial network belonging to all. It starts today“, indicated Monday two of the co-founders of Worldcoin, Sam Altman and Alex Bania, on the site of the company.

The Worldcoin project consists of a digital identity platform and a digital currency, “received simply for being human”, according to the site. Concretely, the platform is based on “World ID(Identity World, editor’s note), a kind of digital passport that allows its owner to prove his identity online without sharing personal data, according to the founders. To obtain their World identity, the user must submit to an iris scan by “an orb», a biometric device developed by Worldcoin. Users are invited to download WorldApp, a digital wallet, which allows them to receive, from Monday, “Worldcoin token“, the cryptocurrency now usable for the millions of users who participated in the beta version of the platform, said Worldcoin.

«If successful, we believe Worldcoin could radically create economic opportunity, establish a reliable solution to distinguish human beings from AI online while preserving privacy (…) and ultimately be a potential path to a universal minimum income based on AI“, judge Sam Altman and Alex Bania on the company’s website. “Like any really ambitious project, maybe it works or maybe it doesn’t, but trying (…) is how progress happens,declared in a tweet Sam Altman, who made a name for himself with the launch last year of ChatGPT, a so-called generative artificial intelligence interface.

The Worldcoin project has been criticized, in particular by the specialized media BuzzFeed, with fears in particular that the company could use its platform to collect millions of biometric data.


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