The Worldcoin Foundation, a project co-founded by Sam Altman, Alex Blania and Max Novendstern, unveiled plans for a global digital ID, digital currency and financial network for the Age of AI.
The Worldcoin protocol calls for a decentralized identity and financial network that aims “to unlock and equitably distribute the potentially massive economic implications of AI.”
The Worldcoin Foundation plans to roll-out retina scanners called “orbs” in 35 major cities worldwide to enable World IDs providing access to its Worldcoin tokens.
The Worldcoin project recent completed the protocol’s migration to the OP Mainnet. In tandem, the Foundation’s subsidiary, World Assets Ltd., minted and released the Worldcoin token (WLD) to people who participated in the beta. WLD is now transactable on the blockchain.
Tools for Humanity (TFH), a technology company building on the Worldcoin network, also today introduced a new release of World App, the first protocol-compatible wallet.
“In the age of AI, the need for proof of personhood is no longer a topic of serious debate; instead, the critical question is whether or not the proof of personhood solutions we have can be privacy-first, decentralized and maximally inclusive,” said Worldcoin project co-founder and TFH CEO, Alex Blania, speaking from Berlin, Germany. “Through its unique technology, Worldcoin aims to provide anyone in the world, regardless of background, geography or income, access to the growing digital and global economy in a privacy preserving and decentralized way. These protocol-level aims align closely with ours for World App.”
