World Id News Today

A Kenyan parliamentary committee wants the IT regulator to halt the Worldcoin cryptocurrency project until more regulations are in place.

They will appear before a parliamentary committee next week Monday.

Kenyans scanned their eyeballs in return for cryptocurrency tokens valued at about Sh7,700.

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The project, according to its founders, aims to solve one of the main challenges facing the crypto industry that largely relies on pseudonyms to operate, leaving it vulnerable to spam bots and scams.

Worldcoin, which says it wants to build a “more human internet” with its World ID credential and globular iris scanning device, has been told that the its plan is not welcome in Kenya until its biometric data collection practices have passed a legal assessment, according to Africa News. The country’s Ministry of Home Affairs announced it is suspending Worldcoin’s enrollments and cryptocurrency issuance while “the relevant government agencies certify the absence of any risk to the publi...

He said the government is aware of OpenAI’s operations in the country

It's a cryptocurrency that enables users to make payments using tokens.

What differentiates WorldCoin from many existing cryptocurrency projects is its use of biometrics. Its unique method of sign-up, involving scanning of irises, rang alarm bells in France, Germany and Kenya. India has at least 17 sign-up locations

Sam Altman believes his AI-enabled, iris-scanning Orbs can help save the world from other AI systems he's creating. I'm not convinced.