Is it a coincidence that Sam Altman, founder of OpenAI is also working on WorldCoin? Worldcoin, co-founded by Sam Altman, is betting the next big thing in AI is proving you are human | TechCrunch. Fake virtual identities pose challenges for social media platforms and society in general. Sam Altman, CEO of OpenAI, conceived Worldcoin to serve as proof-of-personhood. Worldcoin aims to create a global ID, currency, and app for payments, purchases, and transfers. Users download the app, have their iris scanned, and are added to a database of verified humans. Worldcoin creates a unique cryptographic hash tied to the person's identity. The startup has received $125.5 million from investors like Andreessen Horowitz and Coinbase. Privacy concerns and biometric data security have led to public skepticism. Worldcoin is now under a parent organization called Tools for Humanity. The company aims to create the largest financial and identity system, preserving privacy and inclusivity. Worldcoin has 1.2 million users; it needs billions more to be effective. To gain momentum, the company is launching an SDK for developers to incorporate its tech. Critics question the company's objectives, technology, and potential use of the Worldcoin currency. Competitors exist, but Worldcoin believes its physical-world approach has advantages over online solutions. NFTs can be used to authenticate an author by leveraging their unique properties, such as ownership, provenance, and scarcity. Here's a step-by-step breakdown of how NFTs can be used for author authentication: Digital Identity Creation: The author creates a digital identity on a blockchain platform, which can be linked to their real-world identity. This could include verifying their identity through social media profiles, government-issued IDs, or other means of authentication. NFT Minting: The author mints an NFT for their written work, such as a book, article, or blog post. The NFT contains metadata with information about the work, including the title, publication date, and a unique identifier (e.g., a cryptographic hash of the content). The author's digital identity is also associated with the NFT, proving that they are the creator of the work. Ownership Transfer: When the author's work is sold, licensed, or transferred, the ownership of the NFT is also transferred, maintaining the work's provenance. This allows anyone to trace the ownership history of the work and verify that the current owner has the legal right to distribute or use it. Verification Process: Readers, publishers, or other interested parties can verify the authenticity of the author's work by checking the NFT on the blockchain. They can ensure that the work is genuine, not plagiarized, and originated from the claimed author. This process can be facilitated by dedicated platforms or tools that make it easy to verify the NFT's authenticity and view the associated metadata. Ongoing Updates: As the author continues to create new content, they can mint additional NFTs and associate them with their digital identity. This creates a verifiable catalog of the author's works, showcasing their legitimacy and building their reputation in the literary community. Using NFTs for author authentication not only establishes a strong connection between the author and their work but also helps to protect their intellectual property rights, reduce plagiarism, and encourage responsible content creation. Affordable project: https://metaverse.sothebys.com/ find artists and shop their other work. News Bitcoin Transactions Hit Record High as New Token Type Takes Off The Block: Blur, Paradigm devs unveil p2p lending protocol for NFTs OpenSea Ex-Head of Product Convicted in NFT Insider Trading Case - Decrypt Blur NFT Volumes Have Cooled Since Airdrop, But It's Still Number One - Blockworks Sotheby's Metaverse: A Game-Changer in the NFT Marketplace | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art Sports Illustrated Embraces Ethereum for NFT Event Tickets - DecryptLeBron James Spotted in RTFKT NFT Nike Sneakers What Are xNFTs? The New Type of Token Behind the Mad Lads Craze The Block: Magic Eden to refocus on Solana after threat from Tensor
