Worldcoin, a project backed by Openai CEO Sam Altman, has released the World App to work alongside the release of World ID. The app strives to democratize decentralized identities and finance, using World ID to allow users to authenticate on various websites, crypto apps, and share personal data without compromising privacy. Worldcoin, introduced to the public in October 2021, unveiled World ID as an identification protocol that uses iris recognition and claims to be AI manipulation-resistant. The project incorporates zero-knowledge (ZK) proofs linked to biometric data scans. The World App will feature a crypto wallet that will use Worldcoin’s native token, bitcoin (BTC), and ethereum (ETH). Over 1.5 million individuals have joined World App’s beta phase, and the app is now available in over 80 countries. This initial launch is referred to as Phase I, and the project aims to develop the app into a comprehensive toolkit in the future with the goal of providing universal basic income (UBI) to verified users. The World App is available on iOS and Android operating systems, and it was developed by Tools for Humanity, a technology firm built to enable a more equitable economic system that uses Worldcoin technology. Worldcoin faced controversy when first announced due to the eyeball scanning component, and Edward Snowden raised issues of potential personal autonomy threats for non-consensual surveillance. Biometric information is highly personal and unique to an individual, unlike passwords or PINs that can be changed if compromised.
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