Scanning your iris to become a “verified human” in switch for digital currency sounds enjoy a Murky Specialize in episode. But right here will not be any longer the story arc of a dystopian science fiction snort — it’s going on now with one of essentially the most stylish projects in Web3.
The launch of Worldcoin on Optimism has left many wondering whether this project is subverting Web3’s promise of decentralization to develop neutral the replacement. And yet, extra than 2 million of us in underserved areas possess already signed up to fragment their biometric data with Worldcoin in switch for 25 WLD, worth no longer up to $100 on the time of writing.
Privacy violations
Security breaches
Surveillance and sovereignty
Matthew Niemerg is a co-founder and board member of the Aleph Zero Foundation. He holds a Ph.D. in Mathematics from Colorado Narrate College and for the time being serves as an expert on the EU Blockchain Observatory and Forum. He is additionally a co-founding father of Cardinal Cryptography.
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