Alarm bells ring in US over OpenAI’s crypto project World
World Network, a digital identity and crypto project by OpenAI, faces privacy concerns ahead of its US launch. Critics argue it undermines privacy, with regulatory scrutiny from multiple countries, including bans in Spain, Hong Kong, and investigations in India, South Korea, and others. The project utilizes iris-scanning technology to verify users' identities, raising fears of discrimination and exploitation due to varying state laws on biometric data. While some experts see potential in its privacy features, activists warn of risks associated with biometric systems. World has partnered with Tinder in Japan for identity verification, aiming to expand its user base significantly in the US online dating market. However, the regulatory landscape remains uncertain, complicating user trust and data protection efforts.
