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Worldcoin, known for its controversial blockchain-based iris-scanning identity technology, has revealed plans to allow governments and companies to utilize its system for identity verification and other applications, according to a Reuters report.
“Worldcoin will expand its operations to sign up more users globally and aims to allow other organisations to use its iris-scanning and identity-verifying technology.”
The San Francisco and Berlin-based company, Tools For Humanity, has successfully enlisted 2.2 million users, employing a spherical “orb” to conduct iris scans.
The applications for governments and companies are diverse. Worldcoin’s technology could enable companies to administer promotions without having to collect personal data, Reuters explained. A coffee shop could offer free coffee and use Worldcoin’s system to ensure people don’t claim more than one, without gathering any personal information outside of the person’s Worldcoin proof-of-personhood.
Governments, too, may explore the system’s possibilities. Ricardo Macieira, the general manager for Europe at Tools For Humanity, explained to Reuters the potential applications for Worldcoin, such as infrastructure for universal basic income and enabling global democratic processes, although no specific plans or guarantees were made.
The technology behind the iris-scanning orb will become open-source, according to Macieira, fostering further innovation and adaptation by third parties.
Already, 2.2 million individuals have signed up for digital IDs, and in some regions, free cryptocurrency, via Worldcoin’s shiny spherical orb. Macieira said that the expansion would target Europe, Latin America, Africa, and other accepting regions:
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