Phone : +91 95 8290 7788 | Email : sales@itmonteur.net

Register & Request Quote | Submit Support Ticket

Home » Cyber Security News » Sam Altman’s rebranded Worldcoin ramps up iris-scanning crypto project – ET CISO

Sam Altman’s rebranded Worldcoin ramps up iris-scanning crypto project – ET CISO

Sam Altman’s rebranded Worldcoin ramps up iris-scanning crypto project – ET CISO

https://etimg.etb2bimg.com/thumb/msid-114338159,imgsize-1410125,width-1200,height=765,overlay-etciso/next-gen-tech/sam-altmans-rebranded-worldcoin-ramps-up-iris-scanning-crypto-project.jpg


Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, said on Thursday it was rebranding to World Network and was ramping up efforts to scan every human’s iris using its “orb” devices.

Its core offering is its World ID, which the company describes as a “digital passport” to prove that its holder is a real human and tell the difference with AI chatbots online.

World Network, which is facing scrutiny over its data collection, introduced a new version of its orb iris-scanning device at an event in San Francisco on Thursday, which it said features 5G connectivity and enhanced privacy and security features.

It also unveiled a slew of new ways to make it easier to access the orb, such as purpose-built retail locations and a partnership with Latin American delivery service Rappi to bring orbs to people.

To get a World ID, a customer signs up to do an in-person iris scan using World Network’s “orb”, a silver ball approximately the size of a bowling ball.

Once the orb’s iris scan verifies the person is a real human, it creates a World ID. As an enticement, those who sign up in certain countries receive a cryptocurrency token called WLD.

The company behind World Network is San Francisco and Erlangen, Germany-based Tools for Humanity. Since the project launched in July 2023, over 6.9 million people have signed up to have their irises scanned, according to the company.

Privacy campaigners have criticized the project over the collection, storage and use of personal data.

Earlier this year, Spain and Portugal issued temporary bans, and Argentina and Britain said they would examine World Network.

(Reporting by Anna Tong in San Francisco; Editing by Sonali Paul)

  • Published On Oct 18, 2024 at 10:59 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETCISO App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App

Information Security - InfoSec - Cyber Security - Firewall Providers Company in India

 

 

 

 

 

 

 

 

 

 

 

 

What is Firewall? A Firewall is a network security device that monitors and filters incoming and outgoing network traffic based on an organization's previously established security policies. At its most basic, a firewall is essentially the barrier that sits between a private internal network and the public Internet.

 

Secure your network at the gateway against threats such as intrusions, Viruses, Spyware, Worms, Trojans, Adware, Keyloggers, Malicious Mobile Code (MMC), and other dangerous applications for total protection in a convenient, affordable subscription-based service. Modern threats like web-based malware attacks, targeted attacks, application-layer attacks, and more have had a significantly negative effect on the threat landscape. In fact, more than 80% of all new malware and intrusion attempts are exploiting weaknesses in applications, as opposed to weaknesses in networking components and services. Stateful firewalls with simple packet filtering capabilities were efficient blocking unwanted applications as most applications met the port-protocol expectations. Administrators could promptly prevent an unsafe application from being accessed by users by blocking the associated ports and protocols.

 

Firewall Firm is an IT Monteur Firewall Company provides Managed Firewall Support, Firewall providers , Firewall Security Service Provider, Network Security Services, Firewall Solutions India , New Delhi - India's capital territory , Mumbai - Bombay , Kolkata - Calcutta , Chennai - Madras , Bangaluru - Bangalore , Bhubaneswar, Ahmedabad, Hyderabad, Pune, Surat, Jaipur, Firewall Service Providers in India

Sales Number : +91 95 8290 7788 | Support Number : +91 94 8585 7788
Sales Email : sales@itmonteur.net | Support Email : support@itmonteur.net

Register & Request Quote | Submit Support Ticket