World Network (formerly Worldcoin) raises $52.5 million in new funding

World Network, the digital identity project formerly known as Worldcoin and backed by OpenAI CEO Sam Altman, has raised $52.5 million in new capital. The project is controversial for collecting biometric data — iris scans — in exchange for cryptocurrency tokens. The funds will support further development of its identity verification system.

Is iris scanning in exchange for cryptocurrency an acceptable form of identity verification?

BitHub.pl · 1h ago · Source ↗

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World Network (formerly Worldcoin) raises $52.5 million in new funding

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