What Is Worldcoin and How Does It Work?
Worldcoin is a new cryptocurrency project that utilizes a unique identity verification system based on the human iris. The system relies on "World ID," a digital passport that allows users to prove their identity online without sharing personal data. To obtain this digital asset, users must undergo an iris scan using a specialized biometric device called an "orb."
The company states that this approach aims to reduce fraud and scams in digital environments where pseudonyms and fake profiles are common. However, its introduction has raised questions about data handling and the crypto payments offered in exchange for participation.
How Worldcoin’s Iris Verification System Operates
Worldcoin emphasizes that its primary goal is to verify human uniqueness, not to collect personal identifiers. The process does not require or store details such as name, gender, age, address, or identification documents. This focus on privacy is central to the project’s mission of providing a secure method for proving humanity online.
Participation is entirely voluntary. Users must first learn about the orb, understand how biometrics are used, and review and accept all terms and conditions within the World App. The app includes clear consent forms designed for user comprehension.
Data Handling and Privacy Protections
Worldcoin assures that it does not store personal information. When a high-resolution iris image is captured, the system generates a unique code that confirms the user is a real person, not a bot. This code is not linked to any personal data.
The original iris image never leaves the orb and is destroyed immediately after verification. The resulting code, which is a numerical representation of the iris pattern, is encrypted and stored on the user’s mobile device—not in a central database. This approach uses Secure Multi-Party Computation (SMPC) technology to enhance security.
User Control and Data Removal
Since no iris images are stored, there is no need to request their removal. However, users can deactivate their accounts at any time. The unique iris code, which lacks traceable identifiers, remains under the user’s control.
Security Measures in Place
Worldcoin employs zero-knowledge proofs (ZKPs), a cryptographic tool that verifies humanity without requiring sensitive personal data. This technology supports a privacy-respecting digital identification system while providing undeniable proof of a user’s physical existence.
Crypto Rewards for Participation
Users who complete iris verification receive Worldcoin (WLD) tokens. The amount varies based on when the registration occurs. Currently, users receive 6.18 WLD tokens upon verification, with opportunities for additional tokens monthly on the anniversary of their sign-up date.
The value of WLD fluctuates with market conditions. As of recent data, each token is valued at approximately $1.70. These tokens are designed to provide access to the global digital economy without requiring monetary investment.
👉 Explore current token values and trends
Verification Locations in Colombia
Authorized verification points are available in major cities including Bogotá, Medellín, Barranquilla, Bucaramanga, Cúcuta, and Cartagena.
Frequently Asked Questions
How does Worldcoin protect my biometric data?
Worldcoin uses advanced encryption and immediate deletion of iris images. Only a non-identifiable numerical code is retained, stored locally on your device.
Can I withdraw my data from the system?
Yes, you can deactivate your account anytime. Since no personal data is stored, the process focuses on account closure rather than data deletion.
Is the iris scan process safe?
The orb device is designed to operate securely, capturing and processing data locally without transmitting sensitive images.
What is the value of Worldcoin tokens?
Token values change based on market factors. Users receive a set number of tokens at verification, with periodic grants thereafter.
Where can I find verification centers?
Orb devices are located in major Colombian cities. Check the World App for exact addresses and availability.
Why should I participate in Worldcoin?
The project offers a way to verify your humanity online and access digital currency without financial investment, promoting inclusivity in the digital economy.