Could WorldCoin become the universal currency?
Hello friends, the world of cryptocurrencies is constantly growing and new projects are seen every day, about 2 and a half years ago a project called WorldCoin was born, who would say that today it is a trend, if you still do not know it, let's take a look at this publication, I will talk to you about it. little about the project.
WorldCoin is a crypto startup founded by Sam Altman in 2020. The main goal of WorldCoin is to give away dollars in exchange for scanning people's iris. They use an effective hook by offering 25 WLD (50 USD) to users who download the app.
WorldCoin seeks to become the universal currency par excellence, offering financial services to as many people as possible in the world using iris scanners as unique identifiers for each user, providing a more secure system where its ultimate goal is to provide a universal basic income using this decentralized currency.
Privacy and security in relation to biometric scans it can be mentioned that the hashes of these scans are saved and can be matched with future scans, which raises concerns and skepticism about the misuse of this information. Although biometric systems exist in other areas such as airports or banks, they do not guarantee total protection against hacking or mismanagement of financial systems.
Although WorldCoin is already a fact, it can be mentioned that when there is tension over a token, its price can rise due to demand, but then it can fall again. This can lead to profits for the founders and losses for the buyers, if the skepticism continues among the users in not scanning their iris, it could be said that this project will be abandoned over time with WorldCoin being another coin in the heap.
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At the moment, many people have scanned their iris to get their free token and now that its market value is around 2 dollars per token, more users will download the application. In this case, I am a bit skeptical because I think there is nothing better. that personal privacy, although technology is going at an accelerated pace and little by little the use of human beings in the workplace will no longer be necessary since artificial intelligence will be our replacement, what WorldCoin seeks is to give us a basic income in the future so that we stay at home and that robots and artificial intelligence do everything for us..
Web page: https://worldcoin.org/
Descargas App: Worldcoin app
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You have given a nice analysis of world coin, let's see if it can become a universal currency
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