Worldcoin – a crypto project by OpenAI CEO Sam Altman – has greatly polarized the Web3 community. At its core, Worldcoin uses Proof-of-Personhood (PoP), which is a mechanism that establishes an individual’s humanness and uniqueness. Proof-of-Personhood has never been more important, especially in the age of surveillance when identity – one of our most fundamental human rights – is under threat.
However, experts in the digital asset industry believe Worldcoin is not the way to achieve it.
Spotlight on Proof-of-Personhood
The native cryptocurrency of the ‘Tools for Humanity’ project was launched last month. The aim is to create “the world’s largest, most inclusive identity and financial public utility.” The privacy advocates in the digital assets industry are not impressed.
In fact, certain observers are bullish on Proof-of-Personhood and view that there are many paths to achieving the same, and even though none of them are perfect, Worldcoin is still not the way to g
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