Regulators across the world are banning Worldcoin, which collects biometric data for a small payment of its native cryptocurrency.
The increasing adoption of Worldcoin, an AI-centric identification project with its own cryptocurrency, is alarming privacy advocates and regulators.
According to the project, over 5 million people have already lined up to stare into a silver sphere the size of a bowling ball and scan their irises.
In addition to receiving online ID verification, users are rewarded 25 WLD, worth about $115.