Sam Altman’s Iris-Scanning Crypto Project Expands in the US
01.05.2025 05:33
World, a project led by Sam Altman, has officially launched its iris-scanning technology in the United States. The initiative deploys 7,500 iris-scanning orbs across the country, aiming to enhance digital identity verifications for roughly 180 million Americans by the end of the year. While the rollout promises to boost the practical utility and adoption of its cryptocurrency, World (WLD), it has also sparked concerns regarding privacy and data protection as critics question the extensive use of biometric data. The project, which follows earlier international expansions in the UK and Germany with mixed outcomes, now faces a challenging US regulatory landscape. Privacy concerns and the need to ensure compliance with data safeguards are likely to influence both investor sentiment and the overall market reception of the initiative.
The deployment of 7,500 iris-scanning devices across the US is expected to positively influence WLD by increasing its real-world utility and network adoption. In the short term, the news may cause some price volatility as investors balance the potential for mass adoption against lingering concerns over privacy and regulatory compliance. Historically, similar tech-driven expansions have led to gradual price increases once initial regulatory uncertainties are addressed, suggesting that long-term price appreciation is plausible provided that privacy issues are sufficiently mitigated.
Sources
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