World Network Celebrates 10M Verified Users, But Regulatory Hurdles Loom

Last Updated on January 13, 2025

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Person holding cellphone with webpage of cryptocurrency project Worldcoin in front of logo. Source: Timon - stock.adobe.com

Key Takeaways:

  • World Network (formerly Worldcoin) has reached 10 million verified users on its digital identity platform.
  • The platform uses biometric data to create unique identifiers for “proof of personhood,” addressing concerns in an era of advancing AI.
  • Critics warn that digital identity systems may compromise privacy and be exploited by authoritarian regimes.

World, formerly known as Worldcoin, has reached a significant milestone, verifying 10 million users on its digital identity platform.

The project uses orbs to collect biometric data, creating unique “proof of personhood” identifiers to confirm users’ humanity and identity.

This innovation addresses concerns about AI’s impact on information reliability and intellectual property.

In a January 9 blog post, the World team emphasized that proof of human identity is crucial for ethical AI, ensuring humans remain central in an AI-driven world.

However, digital identity systems are controversial, with critics warning of potential privacy violations and misuse by authoritarian regimes.

Despite these concerns, World’s achievement underscores a growing interest in solutions that aim to balance technological advancement with individual rights, highlighting the need for robust frameworks to address ethical and privacy challenges in the era of AI.

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