JAKARTA Worldcoin, a global cryptocurrency project led by Sam Altman from OpenAI, is reportedly close to completing a funding round of around $100 million. According to a Financial Times report, Worldcoin is in the final stages of funding discussions.
Unlike other cryptocurrencies, Worldcoin is set to become more than just a digital currency. The goal is to build a global financial network and identity that can be accessed by everyone, regardless of their socio-economic status or location.
As part of its strategy, Worldcoin plans to distribute its tokens for free to users who can prove their uniqueness and authenticity through a unique device known as the Orb.
Orbs are specially developed devices for this project. The Orb works by taking eye slices scans from users, which then generates the creation of digital World IDs. This World ID aims to provide pseudonym roads for various applications while offering privacy protection for users.
It also aims to ensure that everyone can only get one part of Worldcoin, which aims to reduce potential fraudulent activities and system abuse.
Worldcoin also uses eye slice scanning technology to improve network security. With this technology, Worldcoin hopes to create a safer and more reliable network.
Worldcoin is aimed at creating a global financial network that is safe and accessible to everyone regardless of their socio-economic status or location. With the World Order and ID, Worldcoin is also trying to provide privacy protection for users. The success of this project can pave the way for innovation and development of cryptocurrency technology in the future.
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