{"id":13581,"date":"2021-10-25T16:54:07","date_gmt":"2021-10-25T16:54:07","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/iris-scanning-worldcoin-idea-fuels-objections-from-privacy-advocates-snowden-says-dont-catalog-eyeballs\/"},"modified":"2021-10-25T16:54:07","modified_gmt":"2021-10-25T16:54:07","slug":"iris-scanning-worldcoin-idea-fuels-objections-from-privacy-advocates-snowden-says-dont-catalog-eyeballs","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/iris-scanning-worldcoin-idea-fuels-objections-from-privacy-advocates-snowden-says-dont-catalog-eyeballs\/","title":{"rendered":"Iris Scanning Worldcoin Idea Fuels Objections From Privacy Advocates \u2014 Snowden Says \u2018Don\u2019t Catalog Eyeballs\u2019"},"content":{"rendered":"

During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project has privacy advocates reeling and whistleblower Edward Snowden slammed the project\u2019s creators and said \u201cdon\u2019t catalogue eyeballs.\u201d<\/strong><\/p>\n

Worldcoin Turns Heads in the Crypto World as It Wants to Scan Your Eyeballs in Exchange for Free Crypto<\/h2>\n

There\u2019s a new cryptocurrency project that is turning heads because of the way it disperses funds to network participants. The project Worldcoin<\/a> was introduced to the world by Alex Blania and Sam Altman and the team hopes to get one billion people using the crypto asset by the end of 2022. Worldcoin launched on October 21, and the founders have raised $25 million from strategic investors like Blockchange, Coinbase Ventures, Andreesen Horowitz, and Linkedin co-founder Reid Hoffman.<\/p>\n

Worldcoin is essentially a universal basic income crypto concept because the users of the network get free tokens. However, Worldcoin developers created an orb-shaped device that people have to look into in order to obtain a unique identifier. Essentially, the orb scans the person\u2019s iris in order to create a unique identifier and verify the user. \u201cIris recognition ensures uniqueness, fraud resistance, and practicality,\u201d the Worldcoin intro blog post<\/a> details. Sam Altman<\/a> was once the president of the startup accelerator Y Combinator and he came up with the idea two years ago.<\/p>\n

\u201cI\u2019ve been interested in things like universal basic income and what\u2019s going to happen to global wealth distribution and how we can do that better, is there a way we can use technology to do that at a global scale,\u201d Altman explained<\/a> to Bloomberg last week.<\/p>\n<\/p>\n

According to the project\u2019s team, around 30 orbs that can scan people\u2019s eyes and create a unique identifier are located all across the world. Worldcoin orbs can be found in France, Sudan, Indonesia, Kenya, and Chile. Worldcoin\u2019s orbs are maintained by \u201cOrb Operators\u201d who get rewarded for soliciting potential Worldcoin participants. Depending on when the person got in on the project, token recipients can get between $10 and $200 worth of the digital asset worldcoin (WC).<\/p>\n

Worldcoin Described as an MLM and ICO \u2014 Worldcoin Idea Makes Edward Snowden Explain His Disdain for Biometrics<\/h2>\n

Many crypto and privacy advocates have spoken out against the Worldcoin project. The CTO at Bitfinex, Paolo Ardoino, discussed a possible future with Worldcoin. \u201cImagine that you\u2019re living in a cyberpunk world, with 1984 style of govt. control and worldcoin eyeball scanners at every corner of the street,\u201d Ardoino remarked<\/a> on Twitter. \u201cWhich type of apparel would you need to go around the city and protect your privacy?\u201d the Bitfinex CTO asked.<\/p>\n<\/p>\n

Others have said that the Worldcoin project is similar to 2017\u2019s initial coin offering (ICO) scams. \u201cLet me sum up how bad Worldcoin is,\u201d an individual on Twitter stressed<\/a>. \u201c[It says] distributed \u2018fairly\u2019 yet the team gets 20% of the supply and every major VC is invested. User acquisition model imitates that of an MLM (Herbalife). Privacy policy permits them to give your data to 3rd parties. [And] the name resembles a 2017 ICO scam.\u201d<\/p>\n<\/p>\n

The popular whistleblower Edward Snowden scorned<\/a> Sam Altman\u2019s Worldcoin intro tweet as well. \u201cThis looks like it produces a global (hash) database of people\u2019s iris scans (for \u2018fairness\u2019), and waves away the implications by saying \u2018we deleted the scans,\u2019\u201d Snowden said. \u201cYeah, but you save the *hashes* produced by the scans. Hashes that match *future* scans. Don\u2019t catalogue eyeballs,\u201d Snowden added.<\/p>\n

Snowden continued his Twitter thread showing a distaste for biometrics. \u201cDon\u2019t use biometrics for anti-fraud,\u201d Snowden further remarked<\/a>. \u201cIn fact, don\u2019t use biometrics for anything. \u2018We use ZK-proofs.\u2019 Great, clever. Still bad. The human body is not a ticket-punch,\u201d he noted<\/a>.<\/p>\n

What do you think about the Worldcoin project and the critics who believe the biometric iris scanning idea is not good for privacy? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nNews, 30 Orbs, Alex Blania, Biometric security, biometrics, Crypto, Cryptocurrency, Edward Snowden, Iris Scanning, ORB, Orbs, Privacy, privacy advocates, Sam Altman, UBI, unique identifier, Universal Basic Income, world coin (WC), Worldcoin<\/p>\n","protected":false},"excerpt":{"rendered":"

During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project has privacy advocates reeling and…<\/p>\n","protected":false},"author":0,"featured_media":13582,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-13581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13581"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=13581"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/13582"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=13581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=13581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=13581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}