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Tools for Humanity, a crypto-focused project co-founded by OpenAI CEO Sam Altman, raised $115 million to build out its Worldcoin.

One-Stop Business and Finance News

The startup is looking to create a global blockchain-based identification system using iris scans.

A new report published by the FIDO Alliance states that 44 percent of Americans are now logging in to their online accounts with biometrics, rather than a password, and more than half of Americans today, 58 percent, state that they are interested in replacing their passwords with biometric passkeys. The FIDO Alliance report clearly states who is pushing the adoption of biometric passkeys at the beginning of their report: "It’s been a year since Apple, Google and Microsoft announced their commitment to passkeys with plans to expand support for a common passwordless sign-in standard creat...

While the American public and even some U.S. politicians have been sounding the alarm recently over the dangers of the potential future rollout of Central Bank Digital Currencies (CBDCs), and the loss of all privacy in any financial transactions, a new blockchain financial network that was launched in 2019, before COVID, has been gaining momentum here in 2023 and is now being used in dozens of countries around the world with over 1.5 million users. And it is now being launched in the United States: World ID with the Worldcoin cryptocurrency. World ID is not some concept for the future. It is a...