World Network expands iris-scanning identity project amid privacy investigations
World Network (formerly Worldcoin), an OpenAI CEO Sam Altman's cryptocurrency project, announced a rebranding and expansion of its iris-scanning orb devices, which collect biometric data to create World IDs. The project has faced privacy criticism and temporary bans from Spain and Portugal, with Argentina and Britain reportedly reviewing it.
What happened
World Network, formerly Worldcoin, announced a rebranding and expansion of its iris-scanning project at a San Francisco event on October 17, 2024. The company introduced a new version of its 'orb' iris-scanning device with enhanced 5G connectivity and security features, and announced plans to expand access through retail locations and a partnership with Latin American delivery service Rappi.
The World ID system requires in-person iris scans using the orb device to verify individuals as real humans and create digital identities. Since launching in July 2023, over 6.9 million people have had their irises scanned, with some receiving WLD cryptocurrency tokens as incentives.
Reported impact
Privacy campaigners have criticized the project over the collection, storage, and use of personal data. Spain and Portugal issued temporary bans on the project earlier in 2024, while Argentina and Britain are reportedly examining it.
Classification
Sources and evidence
This record was researched and written by the Index, based on the following original reporting.