Quick summary for those in a hurry:Worldcoin is an ambitious attempt to create a global identification network based on iris scanning. The project gave people money (WLD token) as an incentive to scan their eyes in their Orb terminals. Sounds like sci-fi? Because it is. But behind that is serious technology and serious money (from OpenAI).What is Worldcoin really?Imagine an idea similar to Facebook or Google Account \u2014 but instead of using email, you use your iris (part of your eye). That iris version of your “account” should be:\u2022 Hard to fake \u2014 It is very difficult to forge an iris, which means it is hard to create fake accounts\u2022 Globally available \u2014 The ability to use your identity anywhere in the world\u2022 Private \u2014 Iris biometrics are stored encrypted, and Worldcoin claims they do not see the actual image of your eyeThe project has three main components:1. Orb terminals \u2014 Physical devices where your iris is scanned2. WLD token \u2014 Cryptocurrency that rewards users3. Global currency \u2014 Imagined as a future system, but for now it’s just ambitionWho is behind the project?Worldcoin was funded by Sam Altman (CEO of OpenAI) and other investors. Altman is known for being optimistic about AI, which means he believes AI will soon be so powerful that we will need a new way to distribute value.How does it work (step by step)?Step 1: You go to an Orb (Iris scanning location) \u2014 Find an Orb terminal in your country (available in 150+ countries, but not everywhere).Step 2: Scan your iris \u2014 You approach the device and the camera scans the structure of your iris. It takes about 60 seconds.Step 3: Identity verification \u2014 Worldcoin checks if this is the first time this iris appears in their database.Step 4: Get WLD tokens \u2014 As a thank you, you receive a certain number of WLD tokens.Step 5: Use it \u2014 Now you can use WLD like any other cryptocurrency token.ConclusionWorldcoin is a fascinating attempt to create infrastructure for a new, digital-first world. Projects like this are why crypto is so polarizing \u2014 it can be revolutionary or a fail, often depending on how it is implemented.Worldcoin is not an attempt to put us all into an Orwellian database. It’s an ambitious technological experiment that could be important for the future. Time will tell.<\/p>\n","protected":false},"excerpt":{"rendered":"
Quick summary for those in a hurry:Worldcoin is an ambitious attempt to create a global identification network based on iris scanning. The project gave people money (WLD token) as an incentive to scan their eyes in their Orb terminals. Sounds like sci-fi? Because it is. But behind that is serious technology and serious money (from … Op\u0161irnije<\/a><\/p>\n","protected":false},"author":22771,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1842","post","type-post","status-publish","format-standard","hentry","category-vijesti"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/kriptosignal.net\/index.php\/wp-json\/wp\/v2\/posts\/1842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kriptosignal.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kriptosignal.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kriptosignal.net\/index.php\/wp-json\/wp\/v2\/users\/22771"}],"replies":[{"embeddable":true,"href":"https:\/\/kriptosignal.net\/index.php\/wp-json\/wp\/v2\/comments?post=1842"}],"version-history":[{"count":1,"href":"https:\/\/kriptosignal.net\/index.php\/wp-json\/wp\/v2\/posts\/1842\/revisions"}],"predecessor-version":[{"id":1843,"href":"https:\/\/kriptosignal.net\/index.php\/wp-json\/wp\/v2\/posts\/1842\/revisions\/1843"}],"wp:attachment":[{"href":"https:\/\/kriptosignal.net\/index.php\/wp-json\/wp\/v2\/media?parent=1842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kriptosignal.net\/index.php\/wp-json\/wp\/v2\/categories?post=1842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kriptosignal.net\/index.php\/wp-json\/wp\/v2\/tags?post=1842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}