Artificial intelligence
Alternatives to #Worldcoins in the sphere of digital identity
Exclusivity is something that is unknown in the cryptocurrency universe and every existing project has competitors behind it. On this occasion, we review some of the most popular alternatives to Worldcoin in the particular area of ââdigital identity. We warn in advance that it is not a good idea to deliver data to any project.
The latter is also thought by regulators from different parts of the world, who maintain strong pressure against #Worldcoin . In fact, this regulatory onslaught causes bad times in the price of the token of the aforementioned protocol.
It's important to remember that establishing a digital identity for millions of people around the world requires the obvious task of collecting data. The case of #WorldCoin. oins is particularly curious, since it takes people's data (in exchange for some coins) through eye scanning. Although the company reiterates that it is a decentralized and secure method that prevents it from having access to that data, regulators are not very convinced.
Considering that state of affairs, it is worth reviewing similar projects to determine how feasible the issue of digital identity is.
When will the big boom in the altcoin market be?
Top alternatives to #Worldcoins ins digital identity
As already mentioned, the popularity of Worldcoin is such that it overshadows its alternatives or competitors in the area of ââdigital identity. In any case, these are some of the projects to consider.
Humanity Protocol: this is one of the most prominent projects, as Bloomberg points out. A few weeks ago, it raised a total of $30 million and reached the unicorn valuation ($1 billion). The goal of this startup is to create an identification system that differentiates humans from AI bots.
To this end, the firm carries out
