Sam Altman's Worldcoin Rebrands as 'World' with New Iris-Scanning Device

The project shifts focus from cryptocurrency to identity verification amid privacy concerns and regulatory challenges.

World, formerly known as Worldcoin, has introduced an updated orb device for iris-scanning to verify human identity.
The rebranding reflects a strategic pivot towards human ID verification to differentiate humans from AI bots.
World's new orb is powered by NVIDIA's Jetson platform, promising enhanced AI capabilities and faster processing.
Despite privacy concerns, the project has verified nearly 7 million users, but faces scrutiny and temporary bans in several countries.
World Chain, a new Ethereum-based blockchain, aims to prioritize on-chain human verification and expand financial access.