One year in, Worldcoin’s vision of a universal digital identity system shows promise with millions of users.
One year ago today, on July 24, 2023, Worldcoin burst onto the global stage with a vision that seemed to have been lifted directly from the pages of a science fiction novel.
Co-founded by OpenAI CEO Sam Altman, the project aims to create a universal digital identity and financial network by scanning people’s irises using futuristic “orb” style devices in addition to launching Worldcoin (WLD) (the platform’s native digital token) and a “globally recognized” digital ID.
The project’s core premise — to create a global identity system using an individual’s biometric data — was as innovative as it was divisive.