{"id":154050,"date":"2023-08-02T12:43:53","date_gmt":"2023-08-02T07:13:53","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=154050"},"modified":"2023-08-02T13:13:28","modified_gmt":"2023-08-02T07:43:28","slug":"openai-ceo-sam-altman-launches-worldcoin-crypto-project","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/openai-ceo-sam-altman-launches-worldcoin-crypto-project\/","title":{"rendered":"OpenAI CEO Sam Altman launches Worldcoin crypto project"},"content":{"rendered":"\n<p><strong>OpenAI CEO Sam Altman launches Worldcoin crypto project:<\/strong> The Worldcoin crypto project was developed by Open AI CEO Sam Altman and two co-founders to provide users with a verified digital identity and access to a financial project.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/daily-current-affairs-and-quiz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs Quiz: August 2023<\/a><\/p>\n\n\n\n<p><strong>What is Worldcoin?<\/strong><\/p>\n\n\n\n<p>Worldcoin is a crypto-currency project that is launched by the Open AI CEO Sam Altman along with <strong>Alex Blania and Max Novendstern<\/strong> with the main aim to provide its users with a private digital identity\u2014\u201c<strong>a World\u2019s Identity<\/strong>\u201d\u2014after they register in person, where an \u201cOrb\u201d imaging device scans their eye\u2019s unique iris pattern to verify they are \u201ca real and unique person.\u201d<\/p>\n\n\n\n<p><strong>Orb: <\/strong>Orb is a silver sphere capable of capturing a high-resolution photograph of the iris, which is unique to each person. The orb then encrypts the image before sending it back to a blockchain network to be matched with a Worldcoin address. The person who scans their eyes <strong>receives some Worldcoins as a reward<\/strong> for joining the network.<\/p>\n\n\n\n<p><strong>Purpose of Worldcoin crypto project<\/strong><\/p>\n\n\n\n<p>The purpose of Worldcoin crypto project is <strong>to create a universal and decentralised digital identity<\/strong> that can protect people\u2019s privacy and enable them to access various services and benefits online. The project also has a vision of using Worldcoin as a means to distribute <strong>universal basic income (UBI) to everyone in the world<\/strong>, regardless of their location, income or status.<\/p>\n\n\n\n<p><strong>Points of Concern<\/strong><\/p>\n\n\n\n<p>There are some of the criticism or we can say points of concern about the Worldcoin crypto project:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Many people are concerned about the privacy and security consequences of disclosing biometric information to a third party.<\/li>\n\n\n\n<li>It is uneasy about the <strong>ethical and moral implications<\/strong> of incentivizing people to give up their biometric data for money.<\/li>\n\n\n\n<li>People are doubtful about the regularity and legality of Worldcoin in different jurisdictions.<\/li>\n\n\n\n<li>People are wary of Worldcoin&#8217;s model&#8217;s scalability and sustainability.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>OpenAI CEO Sam Altman launches Worldcoin crypto project: The Worldcoin crypto project was developed by Open AI CEO Sam Altman and two co-founders to provide users with a verified digital identity and access to a financial project. Daily Current Affairs Quiz: August 2023 What is Worldcoin? Worldcoin is a crypto-currency project that is launched by [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":154051,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5142],"tags":[1155],"offerexpiration":[],"class_list":["post-154050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-august-2023","tag-important-projects"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/154050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=154050"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/154050\/revisions"}],"predecessor-version":[{"id":154052,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/154050\/revisions\/154052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/154051"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=154050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=154050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=154050"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=154050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}