Altman, however, says the system is secure and that the company will not be saving resources. Each image of the iris will be converted to a digital number, called IrisHash, which will be stored in the Worldcoin repository so that it does not look at future IrisHashes and withdraw money from known users; the same images will be removed from the list. “We take a picture of your irises, we don’t even keep it, we count the number, the code is raised, but the picture didn’t,” says Altman. “We know no more about you than this image.”
Currently, Worldcoin operates airlines, comprising of 30 Orbs in various countries, and stores information, including images of eyes, bodies, faces and three-dimensional shapes, according to the company. “Without this, we will not be able to share Worldcoin with anyone in the world. “These images are being compiled in order to achieve the illusion of deceptive methods that promote the Orbs. The session will continue until early 2022; what he has accumulated so far will be removed from the works “once properly trained.”
Alex Blania, co-founder of the company along with Altman and Max Novendstern, explains that the Orb-system allows for mutual benefit “encouragement”. Not only will people be attracted to the prospect of getting something for free, but the Orb Operators team will send them to receive their prizes. (Also, Worldcoin has been recruiting people to register Orb Operator, according to a business report on employment in Kenya).
Worldcoin alone will remain responsible for distributing Orbs, as well as expelling all those who try to compromise their weapons to get undue rewards (e.g., by double checking someone). Can Orb Employees earn their rewards by quietly hiding the irises of ignorant people who have never heard of Worldcoin? Blania says the company is experimenting with fraudulent detection methods, adding that it may not be “very specific”.
Among the pilots, more than 130,000 users have seized their Worldcoins – 60,000 last month. So far the project has implemented 30 Orbs operated by 25 traders in various countries including Chile, Kenya, Indonesia, Sudan, and France. Blania predicts that the production of new Orbs will be increased to 50,000 units a year, a figure that is estimated by 1 billion users.
The date for the actual launch, which will be released as an ERC-20 indicator on the Ethereum blockchain, has not yet been released. An expert in the subject says the launch should take place as early as 2022. For Altman, this will only be the beginning of a “great, great experiment in networking” of web power, as well as experimental dress for future UBI purposes. “One thing I believe is that you try, you do the first thing and learn and find all sorts of things that work here and what we can do better,” he says. “There will be a lot of answers on what could happen like this if we were closer to UBI.”