LONDON/TOKYO/BENGALURU – The Worldcoin project, founded by Sam Altman, the CEO of OpenAI, aims to establish a revolutionary “identity and financial network.” In pursuit of this goal, the project offers users a digital ID that can verify their human identity and distinguish them from bots. Users worldwide have shown keen interest, taking part in iris scans to obtain their digital IDs and receive 25 free Worldcoin tokens.
Eyeball Scans and Global Rollout
Launched recently, the Worldcoin project has commenced iris scans in several countries, including Britain, Japan, and India. At a crypto conference in Tokyo, individuals lined up in front of a silver globe adorned with placards announcing the presence of the project’s “Orbs.” After having their irises scanned by the device, applicants eagerly awaited their 25 free Worldcoin tokens, which the company guarantees for verified users.
Balancing Privacy Concerns with Curiosity
The allure of participating in the Worldcoin project has not been without apprehensions. Users have grappled with concerns about data collection, particularly with the prospect of having their eye data retained by a company. Despite these worries, many individuals like Saeki Sasaki, 33, embraced the opportunity to explore cutting-edge crypto projects, albeit with a degree of fear.
Privacy Implications and Project Response
Privacy campaigners, including the Electronic Privacy Information Center, have raised alarms about the potential privacy risks arising from Worldcoin’s data collection practices. However, the company’s website asserts that the project is “completely private,” indicating that biometric data is either deleted or stored in encrypted form based on user preferences. Worldcoin has yet to address questions from Reuters concerning its privacy policies.
Excitement for Free Tokens
In a co-working space in London, Worldcoin representatives guided people through the app download and scanning process. As a reward, participants received free t-shirts and stickers declaring them “verified human.” Christian, a 34-year-old graphic designer, found the concept intriguing, believing it could solve the challenge of distinguishing AI from humans. Meanwhile, Ali, a 22-year-old chemical engineering student, saw the opportunity for financial gain in selling the 25 free tokens, considering the current market value.
Privacy Risks and Regulatory Attention
Despite the allure of financial gains, some users acknowledged that they hadn’t thoroughly read Worldcoin’s privacy policy. Concerns remain about data sharing with subcontractors and possible access by governments and authorities. UK privacy campaign group Big Brother Watch emphasized the risks associated with potential hacking or exploitation of biometric data. Additionally, Britain’s data regulator has expressed interest in the UK launch of Worldcoin and has initiated enquiries.
Varied Reactions from Global Users
Worldcoin’s appeal extended to Bengaluru, India, where operators approached passers-by, inviting them to sign up. While some individuals, like 18-year-old commerce student Sujith, expressed a lack of concern over privacy, others, such as Ali, acknowledged that many companies already possess user data. Regardless, the promise of free coins enticed many to participate in the project.