In return they’ll receive free universal basic income in the form of Worldcoins.
But when the founders were asked how exactly these tokens would be distributed they couldn’t answer the question.
That hasn’t stopped over 2 million people from scanning their eyeballs in favor of free money.
One concerning aspect of WorldCoin’s approach is its reliance on centralized iris scanning for identity verification, which raises significant privacy and security concerns.
In this article, we delve into the negatives of WorldCoin and the risks involved in entrusting a centralized entity with our most personal information. Let’s explain each point:
1) The Pitfalls of Centralization
One of the founding principles of blockchain technology was decentralization, aiming to eliminate the need for trust in a single central authority. However, WorldCoin’s approach to identity verification contradicts this fundamental concept.
By relying on a centralized iris scanning system, individuals are required to surrender their most intimate biometric data to a single entity, thereby creating a honeypot of sensitive information vulnerable to exploitation.
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Today, President Andrés Manuel López Obrador, President Joseph R. Biden, and Prime Minister Justin Trudeau met in Mexico City for the 10th North American Leaders’ Summit (NALS). The leaders are determined to fortify our region’s security, prosperity, sustainability and inclusiveness through commitments across six pillars: 1) diversity, equity, and inclusion; 2) climate change and the environment; 3) competitiveness; 4) migration and development; 5) health; and 6) regional security.
North America shares a unique history and culture that emphasizes innovation, equitable development, and mutually beneficial trade to create inclusive economic opportunities for the benefit of our people. We are not just neighbors and partners. Our people share bonds of family and friendship and value – above all else – freedom, justice, human rights, equality, and democracy. This is the North American DNA.
Diversity, Equity, and Inclusion
Diversity, equity, and inclusion is foundational to the strength, vibrancy, and resilience of our countries.
Climate Change and Environment
Mexico, the United States, and Canada recognize the critical nature of taking rapid and coordinated measures to tackle the climate crisis and respond to its consequences.
Competitiveness
We seek to deepen our regional capacity to attract high quality investment, spur innovation, and strengthen the resilience of our economies, recognizing the benefits brought by the United States-Mexico-Canada Agreement.
Migration and Development
Today marks the six-month anniversary of the Los Angeles Declaration on Migration and Protection, a bold new framework for regional responsibility-sharing that 21 leaders endorsed on the margins of the Ninth Summit of the Americas.
Health
Trilateral health cooperation will focus on launching an updated North American Plan for Animal and Pandemic Influenza (NAPAPI) to improve prevention, preparedness, agility, and to provide rapid response to health emergencies in North America.
Regional Security
Mexico, the United States, and Canada will focus on strategies to bolster our shared continental security against domestic, regional, and global threats, including cyber threats.
Looking forward
The commitments made during this summit are rooted in a shared vision for a more equitable, just, inclusive, resilient, secure, and prosperous North America and a shared responsibility to achieve more equitable outcomes responsive to the needs and aspirations of our citizens. As we work to implement these commitments in the upcoming year, we seek to model a democratic and sustainable path based on trust to promote inclusive prosperity and security. Mexico, the United States, and Canada look forward to building on this progress at the eleventh NALS (NALS XI), to be hosted by Canada.
