WorldCoin co-founders Sam Altman and Alex Blania.
worldcoin
Openai CEO Sam Altman's scanner business officially debuted on Thursday.
Altman co-founded World with others in 2019 until last year, until last year - creating a global authentication system for people, ideally using iris scanning and blockchain to fight fraud and robots.
It works: You go into the Orb of the spherical biometric device, and it takes about 30 seconds to scan your face and iris, and then create and store a unique "Iriscode" to verify that you are a human and that you have never signed up for it. You can then get some cryptocurrency WLD for the project for free, and you can use the World ID as a login with an integrated platform, which includes Minecraft, Reddit, Telegram, Shopgram, Shopfamify, and Discord.
Starting Thursday, the company will open six flagship retail locations where people can register for eye scans: Austin, Atlanta, Los Angeles, Nashville, Miami and San Francisco.
At an event in San Francisco on Wednesday, the joint venture announced two high-profile partnerships: visa The World Visa Card will be introduced this summer, for only those who are scanning the world for iris and those who are online dating giants Competition Group A pilot program will be started to test world ID and some age verification tools, including Japan's Tinder.
James Spediacci of San Francisco attracted the world's spherical equipment at an event held in San Francisco on April 30, 2025.
Riya Bhattatacharjee
Altman spoke at a World event on Wednesday, but a representative of the company said the integration with OpenAI has not yet been underway.
One of the controversies surrounding the world is about data storage.
The project retains some personal data for fraudulent purposes to ensure that people do not double scan or spoof the system. However, investors in the project, as well as members of its team, say the data is decentralized and impossible to reverse engineers - unlike typical anonymous data, this can undo anonymity and identify someone.
Adrian Ludwig, chief information security officer of Human Tools Tools, said in an interview that the project separates individual data from multiple political parties, such as “several different financial institutions” and some blockchain institutions.
"What I always think of is that when Panama files get broken into and leaked, we're very surprised," Ludwig said. "We're worried about this, so we don't have a place with all the sensitive data. We split it into multiple different companies and organizations that hold it, and we use cryptography to make it separate. You have to compromise all of that at the same time."
Since its inception, Human Tools (the startup behind the world project created by The Altman) has raised more than $140 million in funding from investors including Andreessen Horowitz, grass-dioxide-type and billionaire LinkedIn co-founder Reid Hoffman, giving the company a $1 billion valuation in 2021, with the latest year being the valuation of the company.
According to the world representative, 26 million people have been verified by 12 million people on the network in Europe, South America and Asia Pacific so far, adding that the goal is to expand to 1 billion people. However, it is moving slower than expected: in 2021, the project aims to expand it to 1 billion people by 2023.