Worldcoin says will allow companies, governments to use its ID system

Worldcoin will expand its operations to sign up more users globally and aims to allow other organisations to use its iris-scanning and identity-verifying technology, a senior manager for the company behind the project told Reuters. Co-founded by OpenAI CEO Sam Altman, Worldcoin launched last week, requiring users to give their iris scans in exchange for a digital ID and, in some countries, free cryptocurrency as part of plans to create a "identity and financial network". In sign-up sites around the world, people have been getting their faces scanned by a shiny spherical "orb", shrugging off privacy campaigners' concerns that the biometric data could be misused.