Worldcoin is taking steps to update its verification technology and introduce new Orb models in various colors, with the aim of expanding its global availability.
🌐 This move is part of Worldcoin's strategy to bolster its presence in the AI and financial sectors. Bloomberg reports that Worldcoin, co-founded by Sam Altman, is in talks with OpenAI and other industry leaders, although specific details regarding these discussions remain undisclosed.
🤝 Tools for Humanity, the organization managing Worldcoin, is broadening its collaborations beyond the AI industry, seeking to diversify its technological and financial partnerships. Alex Blania, CEO of Worldcoin, discussed the importance of these strategic partnerships in a recent Bloomberg interview, highlighting their potential to extend Worldcoin's operational reach.
⚙️ In June 2023, Worldcoin forged a significant partnership with Okta. This collaboration integrated Worldcoin authentication into Okta’s platform, enabling developers to offer it as a login option and positioning it as a competitor to established tech giants like Apple and Google.
🔍 The Orb, a biometric imaging device, lies at the core of Worldcoin’s system and serves as the foundation of its identity verification process. It distinguishes between real humans and AI or robots. Given the proliferation of advanced AI and chatbots like ChatGPT, accurate human identification has become increasingly crucial.
🛠️ Blania disclosed that the current Orb model was initially a prototype and was never intended for widespread release. To promote greater transparency, Worldcoin has made certain components of its verification software open-source.
💬 The company is shifting away from the term “universal basic income,” previously championed by Altman, and embracing “distribution of scarce resources” instead. This updated terminology aims to better encompass the breadth of resource distribution, including critical resources like computing power for AI.
