- The new cryptocurrency and digital identity project, Worldcoin, is facing a rough start in Kenya
- The government has suspended all local activity associated with Worldcoin
- Relevant public agencies are conducting inquiries and investigations to establish the authenticity and legality of Worldcoin’s activities
- The government is specifically concerned with Worldcoin collecting crucial identification information like iris scans in exchange for a digital ID
- Appropriate action will be taken against anyone involved in the described activities
- The Worldcoin project was officially launched on July 24, 2023, after three years of development
- The project was co-founded by Sam Altman, the CEO of OpenAI
- Worldcoin’s mission is to differentiate between humans and online bots as AI technology grows
- To achieve this, Worldcoin uses a digital ID system based on proof-of-personhood
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The new cryptocurrency and digital identity project, Worldcoin, is facing a rough start in Kenya, with the government halting all local activity associated with it. Kenya’s minister of internal security announced on Facebook that the country has suspended the activities of Worldcoin until relevant public agencies had certified the absence of risks to Kenyans. The government is specifically concerned with Worldcoin collecting crucial identification information like iris scans in exchange for a digital ID. The Worldcoin project was officially launched on July 24, 2023, after three years of development. The project was co-founded by Sam Altman, the CEO of OpenAI. Worldcoin’s mission builds on expectations that it will become too difficult to differentiate between humans and online bots as AI technology grows. To achieve this, the startup created a digital ID system based on proof-of-personhood. Such a digital ID is generated by scanning an individual’s iris and giving them a World ID.
