World token jumps 27% as Sam Altman reportedly eyes a biometric social network to kill off bots
Token surge driven by biometric identity initiative
The WLD token surged by 27% after Forbes reported that Sam Altman’s OpenAI is planning to use Worldcoin to fight bots online. This move aims to distinguish human users from artificial intelligence-driven bots in digital spaces.
Worldcoin’s biometric identity verification
Worldcoin, a project co-founded by Sam Altman, uses iris-scanning technology to verify human identity. The project has evolved from a cryptocurrency initiative to a biometric social network focused on proving human presence online.
Technology and public response
The iris-scanning Orb device has been redesigned and launched as part of the Worldcoin project. While the technology is intended to enhance online authenticity, it has raised concerns about privacy, biometric data collection, and potential misuse of personal information.
Project evolution and name change
Worldcoin has officially dropped the ‘coin’ from its name, rebranding as ‘World’. This shift reflects a broader vision of a biometric social network rather than a purely financial asset, emphasizing human identity verification over cryptocurrency.