"At the center of the plan is the Orb, a polished, volleyball-sized metal sphere that scans irises to generate a "World ID." The ID functions like a digital passport, distinguishing humans from machines on the internet. After stepping in front of the device's glowing gaze - thereby proving their humanity - verified users gain access to what the company describes as an interactive human network. That includes, among other things, a World app with its own "mini apps," a messaging system, and a digital wallet."
"Business Insider spoke to eight former Tools for Humanity employees, a former orb operator from Kenya, and a former head of operations in Mexico City who oversaw the operators scanning irises. While former employees said they were drawn to the company's mission and the chance to work on an Altman project, some questioned whether it had a clear long-term strategy. Experts also had concerns over the company's overall viability in a crowded marketplace for both payment products and identification tools."
Tools for Humanity developed the Orb to scan irises and issue World IDs as a digital passport distinguishing humans from machines online. Verified users gain access to a human network including a World app with mini apps, messaging, and a digital wallet. Iris scans also allow users to claim Worldcoin tokens. Investors provided $240 million, valuing the company near $2.5 billion, and the company targets one billion users. Former employees and operators in Kenya and Mexico reported enthusiasm but raised questions about long-term strategy. Experts expressed concerns about viability amid crowded payment and identification markets and unclear killer use cases.
Read at Business Insider
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