Worldcoin, an ambitious but also controversial cryptocurrency project, has been making headlines since its launch last month. The project collects people’s biometric data by scanning their eyeballs via a metallic orb. Its goal is to create a proof-of-personhood system that allows it to distinguish robots from humans in the budding era of artificial intelligence.
But the project has raised numerous concerns among regulators and privacy advocates around the world due to an alleged lack of transparency regarding the methods the organization is using to collect people’s data.
This story originally appeared on Investing