Looking at their website (https://worldcoin.org/how-it-works) their commitment to user privacy is very location-specific: the pictures taken in France have non-participants' faces blurred out. The photos taken everywhere else show everyone's faces.
Building that out into a larger idea, it feels like the operators are trying to make this appealing to people in less-well-off areas that don't have so many regulations. One might even call it exploitative.
People in these poorer areas could benefit more from such a biocryptocurrency. There is no need for a physical wallet anymore. I am not defending the idea but there may be upsides those creators have thought about.
Did you read it through? You need a physical wallet attached to your phone. The irisScan gives you a QR that links to the keys on your phone (via some privacy preserving magic crypto).
I'm unsure about what happens if you lose your phone, since you lose your keys. Do you get a new wallet? Do you get recovery keys to your old one? That seems very scary, if any Orb can sign recovery keys for any wallet for eg.
Comments
Looking at their website (https://worldcoin.org/how-it-works) their commitment to user privacy is very location-specific: the pictures taken in France have non-participants' faces blurred out. The photos taken everywhere else show everyone's faces.
Building that out into a larger idea, it feels like the operators are trying to make this appealing to people in less-well-off areas that don't have so many regulations. One might even call it exploitative.
People in these poorer areas could benefit more from such a biocryptocurrency. There is no need for a physical wallet anymore. I am not defending the idea but there may be upsides those creators have thought about.
Did you read it through? You need a physical wallet attached to your phone. The irisScan gives you a QR that links to the keys on your phone (via some privacy preserving magic crypto).
I'm unsure about what happens if you lose your phone, since you lose your keys. Do you get a new wallet? Do you get recovery keys to your old one? That seems very scary, if any Orb can sign recovery keys for any wallet for eg.