What is Worldcoin? Sam Altman’s Cryptocurrency Launches With a Mission to Create a Global Digital Identity

Sam Altman’s popular cryptocurrency project Worldcoin is about to be launched globally. The company announced a worldwide launch on July 24, 2023.

The company stated: “Over three years ago, we founded Worldcoin with the ambition of creating a new identity and financial network owned by people; The rollout begins today. If successful, we believe that Worldcoin can significantly increase economic opportunity, extend a reliable solution to distinguish humans from online AI while protecting privacy, enabling citizen processes global host and ultimately point to a potential path to AI-funded UBI.”

Users can now download the World App and reserve their Worldcoin stake. The company has a vision to create a more inclusive global economy by making it easier for everyone to participate in the digital world.

The project believes that by providing people with a secure and anonymous way to identify themselves online, it can help reduce fraud and discrimination, and can also help promote opportunities. economy for everyone.

What is Worldcoin?

Worldcoin is a decentralized open source protocol that aims to create a global identity and financial network owned by everyone. The project was founded in 2019 by Sam Altman, the CEO of OpenAI.

Blogs from the states of Worldcoin “Worldcoin is an open source protocol or system, created to help people access the global economy. It is designed to be decentralized, which means ultimately monitoring and decision-making rests with the community of users.”

The project is supported by two organizations: Worldcoin Foundation and Tools for Humanity.

The Worldcoin Foundation is a non-profit organization whose goal is to develop and support the Worldcoin community until it becomes self-sufficient.

It will do this by supporting developers, granting grants, and discovering ways for users to help maintain the governance of this project’s protocol.

Tools for Humanity is a global technology company founded to help create a just economic system. They lead the initial development of the Worldcoin protocol, which is a new way to identify and verify people online. TFH is also developing World App, a mobile application that makes it easy for people to use Worldcoin.

How does Worldcoin work?

Worldcoin works by using a biometric verification device called Orb to scan people’s irises. After scanning a person’s irises, they will be issued a World ID, which is a digital passport that proves they are real and unique.

World ID can be used to authenticate other websites, apps and services, and can also be used to receive Worldcoin, a cryptocurrency distributed to all World ID subscribers .

The company mentions three main steps to using Worldcoin:

  • Download the World App: This will help users to set up a Worldcoin account and access a digital wallet linked to Worldcoin, Bitcoin, Ethereum and other digital currencies.
  • Register World ID: You can use World App without registering World ID. But it is important to register for a World ID by visiting Worldcoin Operator and verifying your unique identity at Orb so that you can get a free portion of Worldcoin Tokens.
  • Get free share of Worldcoin and other digital currencies: Once registered, users can use their World ID in the World App to learn about digital currencies and receive free airdrops fees of Bitcoin, Ethereum, etc. Once the mainnet launch is complete, people in countries where Worldcoin Token is available will also be able to use their World ID to receive a free portion of Worldcoin Token.

In short, Worldcoin is still a relatively new project, but it has the potential to make a significant impact on how people interact with the digital economy.

Categories: Optical Illusion
Source: pagasa.edu.vn

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