Worldcoin Iris Scan Idea Raises Objections From Privacy Advocates: Snowden Says ‘Don’t Catalog Eyeballs’

Over the past few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (RBU) crypto asset that awards free tokens to accounts that are verified with a biometric scan of the eye. The project has privacy advocates reeling and whistleblower Edward Snowden criticized the project’s creators, telling them to “not catalog the eyes.”

Worldcoin attracts attention in the world of cryptocurrencies as it wants to scan your eyes in exchange for free cryptocurrencies

There is a new crypto project that is drawing attention due to the way it distributes funds to network participants. The Worldcoin project was introduced to the world by Alex Blania and Sam Altman and the team expects one billion people to use the crypto asset by the end of 2022. Worldcoin was launched on October 21 and the founders have raised $ 25 million from strategic investors such as Blockchange, Coinbase Ventures, Andreesen Horowitz and Linkedin Co-Founder Reid Hoffman.

Worldcoin is essentially a universal basic income crypto concept because users of the network get free tokens. However, Worldcoin developers created an orb-shaped device that people must look at to get a unique identifier. Basically, the orb scans the person’s iris to create a unique identifier and verify the user. “Iris recognition ensures uniqueness, fraud resistance and practicality,” the Worldcoin introductory blog post details. Sam Altman was once president of the startup accelerator Y Combinator and came up with the idea two years ago.

“I’ve been interested in things like universal basic income and what will happen to the distribution of global wealth and how we can do it better, is there any way we can use technology to do it on a global scale?” Altman explained to Bloomberg. last week.

According to the project team, around 30 orbs that can scan people’s eyes and create a unique identifier are found around the world. Worldcoin orbs can be found in France, Sudan, Indonesia, Kenya, and Chile. Worldcoin orbs are maintained by “orb traders” who are rewarded for applying for potential Worldcoin participants. Depending on when the person entered the project, token recipients can get anywhere from $ 10 to $ 200 with the worldcoin (WC) digital asset.

Worldcoin described as MLM and ICO: Worldcoin idea makes Edward Snowden explain his disdain for biometrics

Many crypto and privacy advocates have spoken out against the Worldcoin project. Bitfinex CTO Paolo Ardoino discussed a possible future with Worldcoin. “Imagine you are living in a cyberpunk world, with the 1984 style of government, control and worldcoin eyeball scanners on every street corner,” Ardoino commented on Twitter. “What kind of clothes would you need to get around the city and protect your privacy?” the Bitfinex CTO asked.

Others have said that the Worldcoin project is similar to the initial coin offering (ICO) scams of 2017. “Let me sum up how bad Worldcoin is,” emphasized one individual on Twitter. “It says distributed‘ fairly ’but the team gets 20% of the supply and invests in each of the main VCs. The user acquisition model mimics that of an MLM (Herbalife). The privacy policy allows them to transfer their data to third parties. And the name looks like a 2017 ICO scam. “

Popular whistleblower Edward Snowden also scorned Sam Altman’s introductory Worldcoin tweet. “It appears to produce a global (hash) database of people’s iris scanners to ‘justify’ itself and dismiss the implications by saying ‘we deleted the scanners,'” Snowden said. “Yes, but you save the * hashes * produced by the scans. Hashes that match * future * scans. Don’t catalog the eyes, “Snowden added.

Snowden continued his Twitter thread showing a dislike for biometrics. “Don’t use biometrics to fight fraud,” Snowden further commented. “In fact, don’t use biometrics at all. “We use ZK tests.” Cool, smart. It’s still wrong. The human body is not a coup de grace, ”he pointed out.

Reference: news.bitcoin.com

Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.

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