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Worldcoin raises $115 million to accelerate the Orb iris authentication program

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Worldcoin raises $115 million to accelerate the Orb iris authentication program

Recently, one of the most popular figures globally is Sam Altman! Not only is he the CEO of the chatbot company ChatGPT, but he also launched the project Worldcoin in 2020. Lately, he has been actively carrying out a world tour for the project and successfully raised 115 million USD in the bear market. It can be said that this project is currently one of the hottest in the cryptocurrency industry.

Orb Iris Scanning Technology Sparks Controversy

Worldcoin has sparked controversy by using Orb's iris scanning devices, as irises, like fingerprints, are unique. In the movie "Angels & Demons," the antagonist had to sacrifice the project's lead researcher to gain access to the lab by scanning his eye for the required antimatter. This plot was depicted by the renowned American author Dan Brown in 2000, which was later adapted into the movie of the same name.

By generating a unique ID through iris scanning, it verifies the individual as human, not a robot. Spencer Bogart, a partner at the leading investor Blockchain Capital, voiced support for Worldcoin on Twitter, stating that the Blockchain Capital team spent hundreds of hours evaluating the genuine innovations contributed by Worldcoin's creators. They found that World ID presents a unique opportunity to establish and expand new privacy protections, enabling any application to distinguish between humans and robots.

With the ability to easily differentiate between machines and humans, we can enhance user experiences on the internet, enable numerous new features and applications, and help restore trust in digital communities by consciously interacting with real individuals rather than a legion of robots.