Tools for Humanity retains users' iris code, generated from their iris scan and world ID, even if they delete the app or the scan image. This code serves as a unique identifier for a global financial network they aim to establish. Originally a crypto startup, they shifted focus to capitalize on the AI trend and aspire to build a worldwide financial system.
Madeleine Finlay speaks to the Guardian’s technology reporter Hibaq Farah about Worldcoin, a new cryptocurrency offering users tokens in exchange for a scan of their eyeballs. Farah explains what the motives behind the company are, why they think we all need to become ‘verified humans’, and how governments have responded to the project. Help support our independent journalism at
theguardian.com/sciencepod