A digital identity and cryptocurrency project that uses iris biometrics to produce a cryptographic proof of unique human personhood, enabling sybil-resistant participation in online systems and distributing an associated cryptocurrency token.
Semantic Classification
Content
- Worldcoin is a project that issues a digital identifier derived from iris biometrics, with the stated aim of establishing proof of unique human identity for use in online systems. Enrolment involves a specialised device that captures an iris image and produces a code.
- The project pairs the identifier with an associated cryptocurrency and wallet. Its use of biometric data has drawn scrutiny from data protection authorities in several jurisdictions concerning consent, storage and processing of sensitive information.