Sam Altman Plans Biometric Network to Combat Bots, World Token Soars 27%
World Token (WLD) experienced a remarkable surge, climbing over 27% on Wednesday following reports linking it to initiatives led by OpenAI. This surge is particularly noteworthy as it stems from the plans of OpenAI CEO Sam Altman, who aims to establish a biometric network to enhance online user verification and mitigate the impact of bots.
Sam Altman’s Plans for a Biometric Network
According to sources cited in a Forbes report, Altman is exploring the development of a biometric social network. This new platform would help online platforms verify the identity of users, effectively filtering out accounts generated by artificial intelligence.
Biometric Solutions and Technological Considerations
The OpenAI team is reportedly considering innovative technologies for user verification. These technologies may include:
- Apple’s Face ID
- The World Orb, a device designed to scan irises for unique identification
The biometric system aims to adhere to privacy standards while providing a decentralized identity solution known as World ID. This system allows for unique identifier generation based on iris scans.
World Token’s Performance and Controversies
The surge in WLD token prices, as noted in CoinDesk data, highlights the cryptocurrency’s volatility. It gained attention by momentarily outperforming other major cryptocurrencies, despite the absence of formal collaboration announcements between OpenAI and the World Network.
World Network, co-founded by Sam Altman, raised $135 million through a token sale last year, with investments from notable firms like a16z and Bain Capital Crypto. Since its launch, the project has generated both interest and scrutiny.
Regulatory Challenges
While World claims to have verified millions of individuals globally, it has encountered significant regulatory challenges:
- A temporary suspension in Kenya
- Ongoing inquiries in the UK regarding its personal data processing practices
The project’s concept of linking biometric verification to online identity continues to attract attention. This interest is particularly relevant in an era where generative AI tools contribute to rising spam and misinformation on social media platforms.
For further insights into Worldcoin’s launch and developments, visit Filmogaz.com.
