Worldcoin: A Global Identity and Financial Network
This episode is an excerpt from the Worldcoin whitepaper, which introduces the World Network, a project with the ambitious goal of establishing a globally-inclusive identity and financial network. This network consists of World ID, a privacy-preserving digital identity system built on "proof of human," and WLD, a digital currency accessible to every human. The core idea behind Worldcoin is the creation of a reliable method to verify human identity online using custom biometric hardware called the Orb, aiming to solve the growing challenge of distinguishing humans from AI. The document outlines the project's mission to increase economic opportunity, enable democratic processes, and potentially pave the way for AI-funded universal basic income, while emphasizing compliance with EU regulations.