Worldcoin, the crypto project linked to Open AI’s sama, is releasing a minimalist wallet app that doubles as an AI-age passport. skesslr reports
As advances in AI make it more difficult to discern bots from humans, Sam Altman, the co-founder of Open AI – the company behind ChatGPT – thinks blockchains can help.
The new app is one part minimalist crypto wallet, and one part passport for the AI era. It’s Worldcoin’s biggest swing yet to redefine itself in the eyes of consumers.Worldcoin’s initial rollout was rocky. The retina-scanning metal “orb” that the project used to authenticate new users was criticized as dystopian, and a damningforced Tools for Humanity – the company behind Worldcoin – to confront allegations of exploitation and deceptive recruiting practices.
“You would probably find even fewer features on World App, actually, than on some of those wallets – and that's deliberate,” explained Sada. “I think this really meets that need of keeping all of the really important guarantees of privacy and self custody of crypto, but in a way that's just super friendly – as friendly as custodial services” that store crypto on a customer’s behalf, explained Sada.
As for where World ID could be useful one day, “a big pocket is financial services,” says Sada. “For example, there are things like undercollateralized lending in DeFi that really haven’t been possible because there is no sense of identity.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam Altman’s Worldcoin rolls out app as token launch loomsWorldcoin, the eyeball-scanning crypto project co-created by OpenAI’s Sam Altman, today announced the launch of a self-custodial mobile app.
Read more »
Stripe tackles ‘cold start problem’ with the launch of fiat-to-crypto on-rampStripe has launched a fiat-to-crypto on-ramp to address the 'cold start problem' that Web3 companies experience owing to clients lacking 'crypto in their wallets to carry out transactions.'
Read more »
‘Black Swan’ Author Names Crypto Market's Main Weak Point.nntaleb says what can quickly reduce $1.5 trillion cryptomarket value. Bitcoin $BTC
Read more »
OpenAI changes AI strategy, won't train ChatGPT on customer data, says Sam AltmanSam Altman, the CEO of OpenAI, has revealed that the business will no longer train its large-language GPT models for artificial intelligence (AI) on client data.
Read more »
Stripe tackles 'cold start problem' with the launch of fiat-to-crypto onrampCrypto-friendly payment company Stripe has launched a fiat-to-crypto onramp service to help Web3 companies tackle the issue of their customers not having “crypto in their wallets to carry out transactions.”
Read more »
NASCAR Adds Sam Ard to Its “75 Greatest” ListThe popular North Carolina native won 24 poles and 22 races in just 92 starts during his three-year Xfinity career.
Read more »