While expanding its network of worldwide tech and financial relationships, Worldcoin improves its Orb technology.
New Orb versions in a variety of colours are in the works, and Worldcoin is going to upgrade its verification technology to make it more widely available.
This is in line with Worldcoin’s plan to strengthen its position in the artificial intelligence and banking industries. Bloomberg reports that Sam Altman’s Worldcoin is in talks with OpenAI and other major players in the field, although the identities of these other companies are unknown.
The Worldcoin manager, Tools for Humanity, is looking to diversify its technical and financial alliances outside the artificial intelligence sector. Worldcoin CEO Alex Blania recently spoke with Bloomberg about these strategic collaborations, praising their ability to broaden the area of operations for Worldcoin.
Worldcoin and Okta established substantial cooperation in August 2023. Developers were able to present Okta as a rival to well-established digital companies like Google and Apple by integrating Worldcoin authentication into their platform.
The biometric imaging device known as the Orb serves as the foundation of Worldcoin’s system and is essential for its identity verification process. This is what sets actual people apart from artificial intelligence and mechanical appliances.
The need for precise human identification has never been greater than it is now, given the proliferation of sophisticated AI and chatbots such as ChatGPT.
According to Blanca, the present Orb model was unintended for widespread dissemination as it was a prototype. In an effort to promote more openness, Worldcoin has released its verification software, which is partially open-source.
“Distribution of limited resources” has replaced “universal basic income,” the phrase that the corporation had previously supported and which Altman had championed.
The new language is an attempt to more accurately portray the breadth of the distribution, which includes critical resources like AI processing power.
After its 2019 debut, Worldcoin came under fire for its claimed exploitation of workers in nations like Kenya and Indonesia, despite its original intent to ease payments across specialised markets.
“Distribution of limited resources” has replaced “universal basic income” in an effort to distance itself from politically charged implications while still emphasising a more comprehensive approach to allocating scarce resources.
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