Simple Money Goal
  • Economy
  • Editor’s Pick
  • Investing
  • Politics
  • Stock
  • Top News
  • Economy
  • Editor’s Pick
  • Investing
  • Politics
  • Stock
  • Top News
No Result
View All Result
Simple Money Goal
No Result
View All Result
Home Investing

Worldcoin Discontinues its Orb Verification Services in India, Brazil and France

by
December 21, 2023
in Investing
0
Worldcoin Discontinues its Orb Verification Services in India, Brazil and France

Source: Pixabay

Worldcoin, the controversial startup led by Sam Altman, has announced plans to discontinue its Orb-verification service in India, Brazil, and France.

The decision follows just months after the company’s expansion of its helmet-shaped eyeball-scanning verification device, known as the Orb, into these markets.

The Tools for Humanity foundation, overseeing Worldcoin’s development, clarified that the Orb’s introduction in these regions was part of a “limited time access” initiative. Despite the withdrawal, the foundation reiterated its global commitment to collaborating with partners to ensure compliance with regulatory standards and to maintain a secure, transparent, and safe service for verified individuals, MoneyControl reported.

Worldcoin’s eyeball verification process received a lot of scrutiny from governments as well as within the web3 industry who advocate for digital privacy rights.

Worldcoin’s Eyeball Verification Service Expanded Globally


The Orb, a distinctive five-pound chromatic sphere, scans individuals’ eyeballs to verify their identities. According to Lily Gordon, a spokesperson for Tools for Humanity, the Orb’s multi-city tour commenced in Tokyo in April 2023 and spanned North America, Europe, the Middle East, and Asia. The tour concluded in late summer, accompanied by Orb previews in various cities and the launch of the protocol.

Worldcoin, backed by approximately $250 million in funding from prominent investors such as Andreessen Horowitz, Khosla Ventures, and Reid Hoffman, initiated its global services rollout in July. The startup’s mission is to develop a reliable solution for distinguishing humans from AI online, facilitating global democratic processes, and enhancing economic opportunities.

While the reasons for discontinuing the Orb-verification service in India, Brazil, and France remain undisclosed, the company emphasized its dedication to maintaining a secure service while complying with regulatory requirements. The crypto industry’s evolving landscape presents challenges for Worldcoin, requiring the company to navigate a complex regulatory environment as it seeks to achieve its ambitious goals.

The post Worldcoin Discontinues its Orb Verification Services in India, Brazil and France appeared first on Cryptonews.

Previous Post

Will Cancun Upgrade Give Ethereum (ETH) the Much Needed Pump? Experts Believe Retik Finance (RETIK) Will Still Give 10X Better Returns

Next Post

Layer3 P2P Clearing Network Yellow Launches Incentivized Testnet

Next Post
Layer3 P2P Clearing Network Yellow Launches Incentivized Testnet

Layer3 P2P Clearing Network Yellow Launches Incentivized Testnet

Subscribe to Simplemoneygoal.com

    Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster
    Politics

    Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

    October 24, 2025
    X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA
    Politics

    X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

    October 24, 2025
    Travis Kelce part of investor group aiming to revive struggling Six Flags
    Politics

    Travis Kelce part of investor group aiming to revive struggling Six Flags

    October 24, 2025
    Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns
    Politics

    Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns

    October 23, 2025
    • About us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2023 Daily Trading Digest. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Politics
    • Stock
    • Top News

    Copyright © 2023 Daily Trading Digest. All Rights Reserved.