Worldcoin CEO: ‘World ID’ Is Coming ‘Whether You Like It or Not’
The CEO of Worldcoin has warned that a global digital ID system will be ushered in for citizens around the world whether they “like it or not.”
Worldcoin has developed a system that it
pitches as “the world’s largest identity and financial public network.”
Essentially, the company has created a database that links digital cash, or Central Bank Digital Currencies (CBDCs), with a digital identity system.
The company has created its own form of digital money called the Worldcoin token (WLD).
Linked to WLD is another of Worldcoin’s products – World ID.
World ID is a digital identity system that collects biometric data for individuals and holds it in a database that links to WLD transactions.
WLD and World ID are connected and accessed via the company’s World App.
World App is “an app that enables payment, purchases, and transfers globally using digital assets and traditional currencies,” according to Worldcoin.
Currently, those who voluntarily surrender their biometric data receive “small sums” in Worldcoin’s tokens in return for signing up for the World ID scheme.
(the rest of the article doesn’t get any better)
The CEO of Worldcoin has warned that a global digital ID system will be ushered in for citizens around the world whether they "like it or not."
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