June 1, 2023, 9:45 a.m. | Analytics India Magazine

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Worldcoin, a new cryptocurrency, has gained attention after raising $115 million in funding. With support from OpenAI CEO Sam Altman, the unique aspect of Worldcoin is its use of an iris-scanning ‘orb’ to verify individual identities, rewarding participants with Worldcoin tokens. The project has already attracted over a million sign-ups, and users can join the network by downloading the World app. The goal is to establish a global identity and financial network that is accessible to all. However, there are …

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