Worldcoin: Man behind
ChatGPT launches cryptocurrency
In a groundbreaking move, OpenAI CEO Sam Altman has launched Worldcoin, a cryptocurrency project with a revolutionary concept aimed at establishing the authenticity of users. At its core lies the "World ID," an exclusive account accessible only to real humans. The World ID is obtained through an in-person iris scan using the Worldcoin "orb," a silver sphere roughly the size of a bowling ball.
Tools for Humanity, based in both San Francisco and Berlin, is the company behind this visionary initiative. After an extensive beta period with 2 million users, Worldcoin officially launched on Monday, marking a pivotal moment in the cryptocurrency realm.
To foster rapid growth and adoption, Worldcoin is expanding its "orbing" operations to 35 cities across 20 countries. To entice users, some regions will be rewarded with Worldcoin's native cryptocurrency token, WLD, upon sign-up.
What sets Worldcoin apart is its ingenious use of blockchain technology to securely store World IDs while preserving privacy and decentralization. This approach ensures that no single entity can control or shut down the system, enhancing user trust and confidence.
One of the key motivations behind Worldcoin's World IDs is their role in the age of advanced generative AI chatbots like ChatGPT, capable of producing eerily human-like language. These World IDs serve as a crucial tool to differentiate between genuine individuals and AI bots in the online landscape, mitigating potential misuse of AI-generated content.
The integration of World IDs with the cryptocurrency realm also opens doors to addressing economic challenges posed by generative AI. Sam Altman envisions a future where AI significantly impacts the workforce, potentially leading to income inequality. To counter this, he proposes Universal Basic Income (UBI), a social benefits program that provides payments to every individual. By leveraging World IDs, which can only be held by real people, UBI implementation could be made more effective, reducing the risk of fraud.
While Altman acknowledges that a world with UBI is still distant and the distribution of funds remains uncertain, he sees Worldcoin as a pioneering step towards making this vision a reality. The project aims to experiment with new ideas and approaches, setting the foundation for potential socio-economic transformations driven by generative AI.
In further testament to Worldcoin's significance, Binance, the world's largest cryptocurrency exchange, has announced plans to list the Worldcoin token (WLD) with trading expected to commence soon.
Worldcoin's innovative blend of cryptocurrency, iris scanning technology, and AI-driven social impact initiatives undoubtedly positions it as a frontrunner in the evolving landscape of blockchain and digital advancements. As the world embraces this pioneering project, the potential implications for humanity's future are both intriguing and promising.
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