Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

OpenAI’s weird crypto project scans your eyeballs

Published

on

The Worldcoin crypto project, founded by Sam Altman, the CEO of OpenAI, has caused a stir as people worldwide willingly get their eyeballs scanned in exchange for a digital ID and free cryptocurrency.

That’s despite concerns raised by privacy campaigners and data regulators.

The project aims to create a new “identity and financial network” by providing a digital ID that can prove users’ human authenticity online.

Despite privacy worries, people queued at locations in countries like Britain, Japan, and India to have their irises scanned, receiving 25 free Worldcoin tokens in return. While some users expressed concerns over data collection, many were intrigued by the innovative project, which claims to have issued IDs for over two million people in 120 countries during a two-year trial period.

Privacy concerns

Privacy campaigners, such as the Electronic Privacy Information Center, have labeled Worldcoin’s data collection as a “potential privacy nightmare,” and the company’s privacy policies are under scrutiny. Worldcoin asserts that the project is “completely private,” with biometric data either deleted or stored in encrypted form, though critics argue that biometric data could still be vulnerable to hacking or exploitation.

Notably, the promise of financial gains from the crypto coins enticed users to share their personal data. The Worldcoin tokens were trading around $2.30 on Binance, the world’s largest exchange. Some participants saw the opportunity for financial profit, making them overlook privacy concerns, while others were simply intrigued by the project’s AI and crypto connections.

Despite the enthusiasm, regulators and privacy groups are paying attention. Britain’s data regulator has initiated inquiries into the UK launch of Worldcoin, and privacy campaign group Big Brother Watch has warned about potential data hacking and exploitation risks. Nevertheless, many users remain undeterred, investing in the project despite not reading the privacy policy or expressing significant privacy concerns.

Continue Reading

Money

Nvidia surpasses Microsoft as the most valuable company in the world

Published

on

Nvidia has emerged as the world’s most valuable company, surpassing Microsoft with a market value of over $3.3 trillion.

This shift comes on the heels of Nvidia’s consistent growth in the semiconductor sector and its strategic advancements in artificial intelligence and gaming technologies.

This milestone marks a significant validation of Nvidia’s aggressive expansion and innovation strategies under CEO Jensen Huang, who has steered the company towards dominance in high-performance computing.

Continue Reading

Money

Finance expert empowers his social audience with accessible wealth tips

Published

on

The right strategy can change the game for your financial freedom. Meet the advisor making his tips accessible to all.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by James Wrigley, Financial Advisor at First Financial. #wyld money #trending

Continue Reading

Money

It takes a village: coordinated financial teams prove paramount to maximising wealth

Published

on

The pursuit of wealth is often faced by significant challenges including debt, lifestyle costs, and burnout – so what methods can help overcome these challenges?

Maximising financial opportunities involves a suite of tasks, from leveraging favourable loan rates, strategic tax planning, and coordinated financial advising.

Mark Wyld from MW Wealth joins to discuss more. #featured

Continue Reading

Trending Now