Sam Altman’s Identity-Focused Crypto Project Rebrands to World Network, Introduces New Eye-Scanning Orb

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Worldcoin (WLD), the cryptocurrency project that uses eye-scanning technology to create an identity network, has rebranded.

In a statement, the project co-founded by OpenAI CEO Sam Altman and Tools for Humanity CEO Alex Blania explains why Worldcoin is now World Network. 

“As the scale of the project grows along with the importance of World ID’s proof of human protocol, the name ‘Worldcoin’ no longer encapsulates the mission of the project – to accelerate every human.”

Along with adopting a new name, World also introduced an updated version of its eyeball-scanning Orb device during an event in San Francisco last week.

The spherical-shaped peripheral is used to scan the eyes and verify the identity of the project’s users. People who are registered in the system then get a World ID that they can use to anonymously prove their humanity online.

According to World, the updated version of the Orb is powered by the latest NVIDIA Jetson chipset with nearly five times the artificial intelligence (A…