Sam Altman founded and launched Worldcoin in October 2021. Worldcoin aims to establish a universally accessible and inclusive global economy through blockchain technology. Its primary mission is to distribute its currency widely, providing a form of Universal Basic Income (UBI) by leveraging a biometric device called the Orb, which scans irises to ensure unique identity verification and prevent fraud.
Built on a decentralized blockchain , Worldcoin emphasizes transparency, security, and inclusivity, particularly aiming to empower individuals in developing countries. The project is open-source, allowing for community oversight and development.
Worldcoin uses several technological innovations, including the Orb for biometric verification, blockchain […]
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