Users in China who do not have access to the Worldcoin app by OpenAI CEO Sam Altman are purchasing biometrics from third parties in Africa to receive signup bonuses.
Worldcoin is going viral especially in mainland of China，even though the region can’t register the app
crypto users are finding a new way：buying “iris”（$30 or cheaper）to register the worldcoin app and get the reward($20）. These iris are from Cambodia village、Africa… pic.twitter.com/BQlGCpob1W
— BlockBeats｜We’re hiring! (@BlockBeatsAsia) May 18, 2023
According to local media, the cost of an iris scan costs Chinese residents $30.
Representatives of Worldcoin recognized existence of a problem, but noted that the incident was “limited to a few hundred cases.”
The company promised to take the necessary measures to combat the black market in biometrics. These include “adjustments to the original in-person registration process, as well as the introduction of dynamic and static QR codes.”
“Despite the precautions, it is important to recognize that they do not fully protect against collusion or other attempts to circumvent the one-man-one-evidence principle. To solve these problems, innovative ideas in code design and the definition of social relations will be required, ”added representatives of the startup.
The main product of the project is the World ID protocol based on zero-knowledge proofs. With the help of development, it is possible to pass verification using biometric data without sacrificing anonymity.
Altman had previously offered a reward for a retinal scan.
In May, the company released its own World App crypto wallet, which offers commission-free transfers for verified users. The app supports USDC and DAI stablecoins, as well as Ethereum (ETH), Worldcoin (WDC), and Wrapped Bitcoin (WBTC).
In the same month, it was reported that Altman had begun “preliminary talks” for a $100 million investment for the startup.
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