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Iris Scanning

All articles tagged with #iris scanning

cryptocurrency2 years ago•1 min saved

OpenAI's Sam Altman raises $115M for Worldcoin crypto startup with eye-scanning technology.

OpenAI CEO Sam Altman has raised $115 million in a Series C funding round led by Blockchain Capital for Worldcoin, a cryptocurrency project that aims to distribute tokens to people based on their unique identity confirmed through iris scanning. The project has faced criticism for privacy risks, and the token will not be available in some countries. Investors including a16z crypto, Bain Capital Crypto, and Distributed Global also participated in the funding round.

via Reuters|

#cryptocurrency #iris-scanning #privacy-risks

cryptocurrency2 years ago•2 min saved

OpenAI CEO Sam Altman aims for $100M funding for Worldcoin crypto project.

Worldcoin, the iris-scanning crypto project led by OpenAI CEO Sam Altman, is reportedly in advanced talks for a new round of financing worth around $100 million, backed by both existing and new investors. The project aims to create a global digital currency distributed to everyone in the world in a fair and equitable manner, using a biometric scan of the recipient's irises to verify their identity. Worldcoin's previous investment round included funding from venture capital firms Andreessen Horowitz and Khosla Ventures, bringing the project’s valuation to $3 billion. The project is still in beta but is reportedly preparing for an official launch in the next six weeks.

via Decrypt|

#crypto #cryptocurrency #funding