TL;DR
Full Story
Keep in mind Worldcoin?
They’re about to be booted out of Spain and Portugal!
Undecided what we’re on about? Enable us to clarify…
Worldcoin is a crypto undertaking based by OpenAI CEO, Sam Altman, designed to show an individual’s humanity on-line, in a world of AI is in all places.
The corporate requires a one-time iris scan by an orb-like bot that:
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Verifies you’re human (or not less than, in possession of a human eye-ball)
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Then rewards you for being human, by supplying you with $WLD
All whereas utilizing zk-proofs to guard your bio-data.
…however protected or not — all of it sounds a bit dystopian, no?
From each dialogue we’ve ever had, when anybody hears Worldcoin’s pitch, it interprets of their head one thing like this:
“Give us a scan of your eyeballs (we’ll maintain it non-public, promise!) — and in return, we’ll offer you some magic web cash…”
…and in response to such a pitch, it’s solely pure to assume:
“The perceived danger (giving some opaque non-public tech firm my bio-data), doesn’t outweigh the potential advantages (incomes some little-known cryptocurrency).”
Effectively, seems its not simply our circle of buddies, household, and colleagues that really feel that means, however Spanish and Portuguese law-makers as effectively.
(They’ve simply ordered Worldcoin to halt all information assortment of their nations).
Portugal’s authorities particularly is below the belief that Worldcoin goes towards its residents information safety rights (however they’re additionally petrified of this pooled data by some means getting used maliciously sooner or later).
And we are able to’t blame them!
We write about zk-proofs on a regular basis, and consider them to be sturdy in defending private data.
And nonetheless: there’s isn’t an opportunity in hell we’d take a Worldcoin iris scan.