Worldcoin

<ul><li>Slow Mist&#39;s founder labels Worldcoin as a potential &#34;evil product.&#34;</li><li>ZachXBT criticizes Worldcoin for exploiting people in developing countries.</li><li>Despite criticism, Worldcoin&#39;s future impact on privacy and security is under scrutiny.</li></ul>The launch of Worldcoin, a crypto project led by Sam Altman, the CEO, and founder of OpenAI, has been met with <a href="https://cryptotale.org/vitalik-buterin-expresses-concerns-over-worldcoins-biometric-proof-of-personhood-system/" rel="noopener noreferrer nofollow">widespread criticism</a>. Among the critics is the founder of the security agency Slow Mist, who has expressed skepticism about the project&#39;s success.Raising concerns regarding the controversial project and labeling it as a potential &#34;evil product&#34;, the founder shared a Twitter thread:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/201ed5e6da80473db009ffa4bbf6b63e.png" />The project, <a href="https://cryptotale.org/worldcoin-unveils-mainnet-as-pecksheild-reports-fake-token/" rel="noopener noreferrer nofollow">developed</a> by San Francisco-based Tools for Humanity, aims to provide a unique digital identity, known as &#34;World ID,&#34; to the estimated 4.4 billion people globally who lack one. This process involves iris scans, a feature that has raised significant privacy concerns.Worldcoin&#39;s mission is to distribute its digital currency, the Worldcoin (WLD) token, freely to unique human beings. The World App, the first application to support World ID, facilitates global transactions using digital assets and fiat-backed stablecoins. Despite its noble mission of extending verifiable digital identities using &#34;open source, decentralized, and privacy-preserving solutions,&#34; the project has faced backlash on social media.Read full article at <a href="https://cryptotale.org/worldcoins-iris-scan-verification-raises-privacy-alarm-bells/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Worldcoin's Iris-Scan Verification Raises Privacy Alarm Bells

CryptoTale

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