According to Worldcoin, advances in artificial intelligence have made it increasingly difficult to tell whether online activity, written text, digital artwork or really anything that exists on the internet came from real humans or AI. The company proposes to help resolve this confusion by deploying a sort of digital passport, based on what it calls “proof of personhood.”
Have you had your eyes scanned by “The Orb” yet? All it takes is just one trip, and once your biometric data is in the database you will receive some free money and a new “digital identity” that you will be able to use all over the Internet. Doesn’t that sound grand? As you will see below, hundreds of thousands of people in Europe have already signed up.
You can now download World App, the first protocol-compatible wallet, and reserve your share. After visiting an Orb, a biometric verification device, you will receive a World ID. This lets you prove you are a real and unique person online while remaining completely private. As the global distribution of Orbs is ramping up, you can find the closest one and book time to be verified with World App and at worldcoin.org.
NAIROBI (Reuters) -Kenya's interior ministry said on Wednesday that it had suspended the local activities of cryptocurrency project Worldcoin until relevant public agencies had certified the absence of risks to Kenyans.The UK is investigating World Coin: https://techcrunch.com/2023/08/02/kenya-suspends-worldcoin-scans-over-security-privacy-and-financial-concerns/
In the UK, one of the other countries where regulators are looking into Worldcoin’s privacy and security, three venues were listed in London last week at launch, including one, curiously, in a coffee hut in Kensington Gardens adjacent to Hyde Park. That disappeared after the first day and eventually one of the other locations did, too. Now there is only one in operation.)Germany and France are also investigating World Coin, but will they allow it in the end? https://futurism.com/the-byte/european-investigations-altman-worldcoin-orb
As [i]Reuters[/i] reports, the president of the Bavarian State Office for Data Protection Supervision, Germany's data watchdog, confirmed that it had been investigating Worldcoin since November 2022 over concerns that the venture would be accessing "sensitive data at a very large scale."I'm kind of like in the world of ...there's already too much data out there on people for hackers to feast on and use at their will. Everything is hackable and so is this biometric data that is being procured in a cloak of deceit.
One can argue that Bitcoin's value is similar to that of precious metals.Both are limited in quantity and have select use cases. Precious metals like gold are used in industrial applications, while Bitcoin's underlying technology, the blockchain, has some applications across the financial services industries. Bitcoin's digital provenance means that it might even serve as a medium for retail transactions one day.Oh, and while we are asking why...for the record, I'm still trying to understand this block chain thing. Glad you did a lot of research. Most people just sign up and forget the consequences of loosing real money when the crypto currency goes down. You have to play it out like the stock market. You really can't take your eyes off it and follow it too everyday, like you would commodities. I call bs too on World Coin's premise for roping people in for free coin. Get your free crpto, but lose your biometric data forever...to where? Where does your data go, who protects it from hackers? How secure is your website anyway? Ending poverty by creating fiat money would be an answer to everyone, I get your point on that, why don't they? I think the issue goes deep when it comes to the World and Central banks, who has the ultimate power. The dollar has been the standard and has also been the petro dollar which has allowed the US to carry heavy debt, however, with the new changes in countries coming together to be able to trade and avoid sanctions, BRICS is getting stronger and they are backing their future fiat by gold. The US left the gold standard in the 1970's and I've always thought that was a mistake. Now you have a lot of banking systems, central banks etc. buying heavily into gold and silver. Why? Digital dollar or digital currency is on it's way too.
Mark Ransome said: No I don't understand the Blockchain thing either however I did find this on the same website as your link above: https://www.investopedia.com/terms/b/blockchain.asp I'm still not much wiser on it apart from it's some sort of shared database which does worry me! Fiat money, I read the article above but it still doesn't explain where it actually comes from apart from a Government, again is it out of thin air, I just don't get it!Oh wow!! Excellent link on blockchains and how they work. THANK you! I think that's the first time I got some kind of grasp of blockchains. I think I'll have to read the article a few times though to really get it...lol! I'm with you on the shared database. The term "decentralized" bothers me a bit too!
A blockchain is a distributed database or ledger shared among a computer network's nodes. They are best known for their crucial role in cryptocurrency systems for maintaining a secure and decentralized record of transactions, but they are not limited to cryptocurrency uses. Blockchains can be used to make data in any industry immutable—the term used to describe the inability to be altered.Additionally ~
A blockchain consists of programs called scripts that conduct the tasks you usually would in a database: Entering and accessing information and saving and storing it somewhere. A blockchain is distributed, which means multiple copies are saved on many machines, and they must all match for it to be valid.So a blockchain is a script with a uniquely created database to keep user data within a "block" which maybe is really a space on a database and developers had to create another term to make this type of platform sound futuristic? I don't know, still reading, like you, still confused, but a very helpful article that breaks it down so maybe I'll get it. On crypto, I think it's a bartering value created for the "coin", so it works more for...."I'll trade you my red balloon for 5 cryptocoins for your peach basket for 3 cryptocoins? Maybe? Maybe crypto works because it's not attached to any one monetary system and was created for people to buy, sell or trade outside of any countries currency? Though, crypto has become such an alternate way to buy, sell or trade for people, that I can see a day coming very soon that crypto will be heavily regulated or banned.
Mark Ransome said: It seems some countries are very suspicious about World Coin with Kenya being the first country to ban it, some others are investigating into it: https://theconversation.com/worldcoin-is-scanning-eyeballs-to-build-a-global-id-and-finance-system-governments-are-not-impressed-210980
Worldcoin claims the iris scans are deleted after being converted into a unique iris code, which becomes the user’s World ID. The World IDis then stored on a decentralised blockchain, with the aim of preventing fakes or duplicates.
However, the iris scan is only deleted if the user opts for the “Without Data Storage” option (which may mean they need to return toan Orb to re-verify in the future). If the user selects the “With Data Storage”option, Worldcoin states the iris scan is sent via encrypted communication channels to its distributed data stores where it is encrypted at rest.
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