in Argentina, the majority cannot scan the passports; they are rejected
Sh1n0ys3
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WORLD 🌎 Argentina 🇦🇷
Worldcoin, a project by Sam Altman, has launched a program to combat identity fraud in Argentina. The company uses a technology called AMPC (Anonymized Multiparty Computation) to anonymize and protect user data.
*Project Features*
- It uses a device called ORB to scan the iris and verify identity. - It also offers a verification method through passport reading. - The company has developed a cryptocurrency called Wordcoin, which is granted to users who verify their identity. - The project has over 2 million verified users in Argentina and 12 million globally.
*Security Plan*
- The company uses a multiparty anonymization protocol to protect user data. - Data is stored in different databases managed by universities. - The system makes it difficult for any attempts of unauthorized access or manipulation of information.
*Collaboration with Visa*
- Worldcoin plans a partnership with Visa to develop a revolutionary wallet focused on transactions with stablecoins. - The vision is to make these currencies as accessible and commonplace as any other conventional payment method.$WLD
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