‘Massive Economic Implications’: Tech Titan Launches Digital Currency Featuring Global ID

‘Massive Economic Implications’: Tech Titan Launches Digital Currency Featuring Global ID

Jason Cohen on July 24, 2023

OpenAI CEO Sam Altman’s cryptocurrency initiative featuring a global ID and hopes for Universal Basic Income (UBI) officially launched on Monday, according to the project’s website.

Worldcoin, a cryptocurrency project, is placing “orbs” around the globe that scan an individual’s irises to discern whether they are a human, and issues them a “World ID,” which is a “global digital passport,” according to its website. In order to acquire a “World ID,” customers must book an appointment to conduct an in-person eye scan using Worldcoin’s “ orb ,” which is a silver ball designed to “verify […]

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