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WorldCoin to Open its ID System for Government and Private Companies

Sam Altman co-founded tech firm WorldCoin is extending its reach by enabling governments and private businesses to leverage its controversial iris-scanning and identity-verification technology, Reuters reported. WorldCoin continues to attract regulatory scrutiny for its tech that is being used to collect people’s data by scanning their iris. Ricardo Macieira, the General Manager for Europe at Tools For Humanity, outlined the vision, told Reuters, "We are on this mission of building the biggest financial and identity community that we can." The company's recent launch garnered attention as individuals queued up to participate in the iris scan process.

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