Concerned Kenyan authorities have suspended the cryptocurrency Worldcoin, citing digital identity concerns.
The organisation, officially launched by project owner and CEO of OpenAI Sam Altman in late in July 2023, uses an individual’s biometric data to confirm identity.
An ‘Orb’ retinal scanner (worth USD $5,000) maps a person’s eye recording their unique iris.
This, Forbes explained, gives users a ‘one-of-a-kind’ global ‘digital identity to verify whether they are a real human or a bot’.
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