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Worldcoin nears $100M funding round amid security concerns
May 16, 2023, 12:15 a.m. | William McCurdy
Biometric Update www.biometricupdate.com
Worldcoin, a cryptocurrency and digital ID project utilizing biometrics, is reportedly nearing a $100 million funding round.
The project was founded in 2019, with Sam Altman, CEO of ChatGPT parent firm Open AI among its founders.
The project aims to give everyone on the planet some of its Worldcoin crypto token, after verifying their identity by collecting their biometric data via an iris scan using a dedicated biometric device called “The Orb.”
Per its own data, the company recently passed …
biometrics biometrics news ceo chatgpt civil crypto cryptocurrency cybersecurity digital digital id financial services founders funding funding round national id project sam sam altman security token worldcoin
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