OpenAI’s Sam Altman Launches Worldcoin
OpenAI's co-founder, Sam Altman, has launched Worldcoin, a financial network that will use biometric verification.KEY TAKEAWAYSOpenAI's co-founder and CEO Sam Altman launched a crypto project called Worldcoin.The network leans on biometric verification, like facial and iris authentication, to create a unique World ID for each user and distinguish them from AI bots.More than 2 million people have a World ID so far.The project has been three years in the making and uses biometric veri...
OpenAI’s Sam Altman Launches Worldcoin
OpenAI's co-founder, Sam Altman, has launched Worldcoin, a financial network that will use biometric verification.KEY TAKEAWAYSOpenAI's co-founder and CEO Sam Altman launched a crypto project called Worldcoin.The network leans on biometric verification, like facial and iris authentication, to create a unique World ID for each user and distinguish them from AI bots.More than 2 million people have a World ID so far.The project has been three years in the making and uses biometric veri...
How a digital pound could work alongside cryptocurrencies
Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It would not earn any interest like a standard savings account (or even some current accounts), but it could increase access to financial services in the UK. The Bank of England recently proposed a general framework for how a digital pound would work. It has suggested an ambitious timeline for intro...
How a digital pound could work alongside cryptocurrencies
Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It would not earn any interest like a standard savings account (or even some current accounts), but it could increase access to financial services in the UK. The Bank of England recently proposed a general framework for how a digital pound would work. It has suggested an ambitious timeline for intro...
