AI Project Worldcoin Faces Scrutiny Over Biometric Data Collection Amid Privacy Concerns

The rapid adoption of Worldcoin, an AI-centric identification project with its own cryptocurrency, has raised alarms among privacy advocates and regulators. The project claims over 5 million individuals have participated in scanning their irises via a silver sphere, resembling a bowling ball. In return, users receive online ID verification and are rewarded 25 WLD, approximately $115 in value. By April 11, Worldcoin’s World App had garnered over 10 million sign-ups. Sam Altman, the founder of Worldcoin and CEO of OpenAI, stated the project aims to create “a global financial and identity network based on proof of personhood,” essential in an