You Can Get This Free Crypto-If the ‘Orb’ Scans Your Eye

However, Altman said the system is secure and the company does not store user data. Each image of an iris will be transferred to a digital code, called IrisHash, which will be stored in the Worldcoin database to check against future IrisHashes and deny coins to known users; the photos themselves will be deleted from the database. “We photograph your irises, we don’t even store them, we calculate a code from it, we upload the code, but the image isn’t really,” Altman said. “We don’t know any more information about you than that image.”

Right now, in fact, Worldcoin is running a pilot, involving about 30 Orbs in different countries, and storing a lot of data, including images of people’s eyes, bodies, and faces and their three-dimensional scans. , according to the company itself. promotional material. “Without it, we would not be able to fairly and inclusively give a share of Worldcoin to everyone on Earth. But we can’t wait to stop collecting it and we want to make it clear that we are never in the business of selling your own data, ”Reads in a blogpost titled“ Privacy During the Field Testing. ”In what Worldcoin calls a“ field testing phase, ”these images are collected to improve the algorithms that detect fraud running on Orbs. that phase is likely to continue until early 2022; data collected up to that point will be deleted once the algorithms are “fully trained.”

Alex Blania, who co-founded the company with Altman and Max Novendstern, explains that the Orb system allows for useful “incentment-alignments.” Not only will people be attracted in the hope of getting something for free, but an army of Orb Operators will actively recruit them to get their rewards. (And instead, Worldcoin is hiring people to recruit Orb Operators, in accordance with an ad posted in a Kenyan employment bulletin).

Worldcoin itself will remain responsible for distributing the Orbs, and also for kicking out any operators who try to tamper with the devices in order to redeem the free prizes (e.g., by scanning to one person twice). Can Orb Operators get their rewards by deceptively scanning the irises of obscure people who have never heard of Worldcoin? Blania said the company was testing fraud detection systems, adding that she could not be “more specific.” However, in theory, the company could use criteria such as whether the user actually claimed Worldcoin or made any transaction, to detect misconduct and root out sneaky Orb-ers.

In the course of the pilot, more than 130,000 users claimed their Worldcoins-60,000 last month. Currently the project uses 30 Orbs operated by 25 entrepreneurs in different countries including Chile, Kenya, Indonesia, Sudan, and France. Blania estimates that the production of new Orbs will increase to 50,000 devices a year, a number on which users ’projections are based.

A launch date for the real coin, which will be released as an ERC-20 token on the Ethereum blockchain, has yet to be released. Someone familiar with the matter says the launch should take place in early 2022. For Altman, it’s just the beginning of a “strange, huge social experiment” about the power of networks, and also a costume rehearsal for UBI’s future ambitions. “One thing I believe is you do an experiment, you do the first thing then you know and you know all the things about what’s going to work here and what we can do. will be cured, “he said. “There are a lot of answers on how something like this can come close to a UBI.”

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