WSJ: TFH partners with Gap, Visa, and Tinder to promote World ID human verification product
According to Odaily, the development team behind Worldcoin, Tools for Humanity (TFH), is collaborating with Gap, Visa, and Tinder to promote the implementation of its “World ID” human identity verification product.
The report states that some Gap stores in San Francisco have already deployed “Orb” devices to collect users’ facial and iris information in order to generate World ID. At the same time, TFH plans to launch a payment card related to Visa, allowing users holding World ID to make purchases using digital assets. The dating app Tinder is also testing this identity system in Japan to verify that users are real individuals and that their age information is accurate.
TFH stated that the Orb device converts facial and iris images into anonymous digital identifiers stored on the user’s device, and the company itself does not retain the original biometric data. Its business model intends to generate revenue by charging applications for verification services. (The Wall Street Journal)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. initial jobless claims decline, indicating a resilient labor market
DDC acquires another 200 BTC, bringing total bitcoin holdings to 2,583 BTC
Initial jobless claims in the US for the week ending May 16 reached 209,000, with the forecast at 210,000.
The probability of a Federal Reserve rate hike rises to 52%, and the 30-year US Treasury yield surpasses 5%
