Sam Altman's Worldcoin: The cryptocurrency initiative ready to revolutionize global finance
1 year, 7 months ago

Sam Altman's Worldcoin: The cryptocurrency initiative ready to revolutionize global finance

Hindustan Times  

Sam Altman, CEO of OpenAI, is on the verge of securing a substantial £100 million funding round for Worldcoin, an innovative cryptocurrency initiative. With the goal of providing a fraction of a digital token to every person worldwide, Worldcoin employs iris-scanning technology to authenticate individuals and reward them with tokens. OpenAI CEO Sam Altman waits for a Senate Judiciary Subcommittee on Privacy, Technology and the Law hearing on artificial intelligence to begin, Tuesday, May 16, 2023, on Capitol Hill in Washington. Worldcoin's Origin: Worldcoin's concept began to form in early 2020 when co-founders Alex Blania, Sam Altman, and Max Novendstern pondered the idea of freely distributing shares of a new digital token to every person worldwide.

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History of this topic

Sam Altman’s Eye-Scanning Orb Has a New Look—and Will Come Right to Your Door
54 years, 11 months ago

Sam Altman’s Eye-Scanning Orb Has a New Look—and Will Come Right to Your Door

Wired  

Last year, a foundation called Tools for Humanity went on tour to show off its eye-scanning Orb. The project, called Worldcoin, might have been written off as another techno-utopian project bound to fail had it not had one name attached to it: Sam Altman, the cofounder and CEO of OpenAI, one of the most dramatic tech companies of the modern …

Portugal suspends Sam Altman's Worldcoin over data privacy fears
8 months, 4 weeks ago

Portugal suspends Sam Altman's Worldcoin over data privacy fears

Hindustan Times  

Portugal's data authority announced Tuesday the temporary suspension of cryptocurrency project Worldcoin, citing concerns over data protection for minors in the iris-scanning platform set up by OpenAI chief executive Sam Altman. Portugal's National Data Protection Commission justified its decision, stating it was "safeguarding the fundamental right to data protection, in particular of minors," it said in a press release. According …

The Take: Why are millions scanning their eyes for Worldcoin?
9 months, 1 week ago

The Take: Why are millions scanning their eyes for Worldcoin?

Al Jazeera  

Worldcoin promises a cryptocurrency linked to biometrics, but critics have privacy and ethical concerns. Worldcoin has people lining up all over the globe to let silver orbs scan their eyes for the promise of free cryptocurrency. In this episode: Russell Brandom, Rest of World US tech editor David Gerard, Author of, Attack of the 50 Foot Blockchain Episode credits: This …

OpenAI CEO promotes crypto project Worldcoin after fundraising report
1 year ago

OpenAI CEO promotes crypto project Worldcoin after fundraising report

The Hindu  

OpenAI CEO Sam Altman has doubled down on his vision for cryptocurrency project Worldcoin, following reports the company was seeking $50 million in funding. More than 2.6 million people have signed up to have their irises scanned by Worldcoin's "orb" devices in exchange for a digital ID and free cryptocurrency. Altman appeared as part of a virtual Q&A hosted by …

Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI’s CEO
1 year, 4 months ago

Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI’s CEO

Associated Press  

NEW YORK — Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world, with the Kenya’s government going so far as to shut down the service indefinitely. While Worldcoin argues that the data is used to create a unique, secure form of identification, privacy experts have concerns that the company may use the information …

OpenAI CEO Sam Altman's Worldcoin to ‘build infrastructure, allow third parties to use the technology’
1 year, 4 months ago

OpenAI CEO Sam Altman's Worldcoin to ‘build infrastructure, allow third parties to use the technology’

Live Mint  

In a bid to create a vast "identity and financial network," Worldcoin, co-founded by OpenAI CEO Sam Altman, recently launched its innovative platform, requiring users to undergo iris scans in exchange for a digital ID and, in some regions and receive free cryptocurrency. Worldcoin's website outlines several potential applications, ranging from distinguishing humans from artificial intelligence to facilitating "global democratic …

Worldcoin | What is Sam Altman’s biometric project, and how does it work in India?
1 year, 4 months ago

Worldcoin | What is Sam Altman’s biometric project, and how does it work in India?

The Hindu  

The story so far: On July 24, OpenAI CEO Sam Altman took to Twitter to formally re-introduce Worldcoin, a project of his that was eclipsed by the popularity of ChatGPT. Worldcoin claims it is building the “world’s largest identity and financial public network” open to people worldwide. Using a device called “Orb,” Worldcoin volunteers known as ‘Orb operators’ scan a …

OpenAI's Crypto Project Worldcoin To Face UK Data Regulator Probe
1 year, 4 months ago

OpenAI's Crypto Project Worldcoin To Face UK Data Regulator Probe

ABP News  

The UK data regulator announced on Tuesday that it will conduct an examination of Worldcoin, a cryptocurrency project led by Sam Altman, the CEO of OpenAI. A spokesperson from the Information Commissioner's Office informed Reuters that they have taken note of the Worldcoin launch in the UK and are planning to conduct further inquiries to understand the project's implications for …

ChatGPT creator launches bitcoin rival that scans people’s eyeballs
1 year, 5 months ago

ChatGPT creator launches bitcoin rival that scans people’s eyeballs

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Worldcoin uses a metal orb to capture people’s biometric data, which they can then use to acquire …

OpenAI's Sam Altman launches Worldcoin crypto project
1 year, 5 months ago

OpenAI's Sam Altman launches Worldcoin crypto project

The Hindu  

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launches on Monday. To get a World ID, a customer signs up to do an in-person iris scan using Worldcoin's 'orb', a silver ball approximately the size of a bowling ball. The project says World IDs will be necessary in the age of generative AI chatbots like ChatGPT, which produce …

You Can Get This Free Crypto—If the ‘Orb’ Scans Your Eye
54 years, 11 months ago

You Can Get This Free Crypto—If the ‘Orb’ Scans Your Eye

Wired  

Sam Altman wants to give every person on the planet free money—or rather free cryptocurrency. It’s part crypto buzz, part financial inclusion dream—and Altman believes that by piggybacking on the network effect of doling out a bit of the pie to every single human on Earth, WorldCoin could evolve into a global, fairly distributed electronic currency. “It could show the …

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