Worldcoin Tests Facial Recognition for Enhanced App Security
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Worldcoin (WLD) is set to test a new facial recognition feature for its World App users.
This technology will conduct a private, direct facial comparison to ensure that only individuals who have verified their identity with Worldcoin’s iris scanners can access the app.
The goal is to enhance security for online transactions, financial activities, and secure logins.
The World App, which serves nearly 15 million users worldwide, has about 6.7 million users who have completed identity verification through iris scans.
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These users are rewarded with WLD tokens and a World ID. Tools For Humanity, the organization behind Worldcoin, was co-founded by Sam Altman, CEO of OpenAI.
Currently, Worldcoin is piloting the facial recognition feature in select areas. While Worldcoin emphasizes privacy and minimal biometric data use, concerns about data protection have been raised by European authorities regarding the use of biometric scans for cryptocurrency transactions.
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