☝️Facial recognition joins Worldcoin $WLD
💡Among the recent innovations that may have contributed to the price boost is the introduction of “Face Auth.” This authentication system privately compares faces 1:1, providing added security by linking the World ID (Worldcoin’s digital passport) to user actions such as online shopping and financial transactions.
Face Auth works by using a selfie taken from the user’s phone, which is compared to images stored locally on the device and securely encrypted, thus preventing data from being stored on external servers, as explained on Worldcoin’s website.
Despite these “advances,” WLD remains an inflationary token, which poses a challenge to its long-term valuation.
The distribution of tokens to those who scan their irises on the “Orbs” devices creates constant selling pressure, as many beneficiaries sell their rewards for fiat money, stablecoins, or BTC, instead of holding WLD.
Always DYOR 💡✨️
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