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Sam Altman's Worldcoin project incentivizes a black market for biometric data taken from people in developing nations
Thu May 18 2023web3isgoinggreat (read full)
"Show me the incentive and I will show you the outcome." Sam Altman's Worldcoin project, a dystopian effort to use chrome orbs to scan the irises of people (often in developing nations) in exchange for vague promises of crypto compensation, is encountering even more difficulties. In April 2022, and both published in-depth reporting on the project has run up against.BuzzFeed NewsMIT Technology Reviewsome of the technical and ethical issues Now, the project is facing reports that people in China, who are not allowed to sign up legitimately, have been purchasing iris scans from individuals in Africa and Southeast Asia in order to circumvent the restriction. According to the news outlet BlockBeats, Chinese individuals have been engaging in "eyeball speculation": buying biometric data scanned from villagers in Cambodia, Kenya, and elsewhere by people who then sell it for $30 or less, allowing the buyer to receive the associated Worldcoin payout (currently ~$20).en masse Worldcoin has said they are rolling out vari...