On the 24th, the World Foundation (formerly World Coin Foundation) announced an initial close of $52.5 million (8.6 billion yen) aimed at expanding the human ID infrastructure in response to the rise of AI (artificial intelligence) agents.
World ID utilizes a device called 'Orb' for a one-time biometric authentication that allows individuals to prove their humanity without disclosing personal information. This technological foundation combines encryption and decentralized confidential computing to differentiate between impersonators, bots, and humans...
