Worldcoin Drops the 'Coin” in Its Name and Unveils a New Biometric Eye Scanner Called Orb

The OpenAI CEO's startup is shifting from cryptocurrency to focus more on its identification technology and it just unveiled a new version of its signature gadget.

Sam Altman's Worldcoin is dropping the “coin” in its name as it shifts from cryptocurrency to focus more on its identification technology. On Thursday, the OpenAI CEO's startup unveiled a new version of its signature gadget.

Bloomberg reported that the newly named company, simply called World, will use its eye scanning tech to confirm identities, a capability that could prove useful amid the proliferation of deep fake videos online.

Co-founder and CEO Alex Blania introduced World's newest device, called the Orb, a biometric eye scanner that confirms human identities through an identity service called Deep Face.

The latest model of the Orb, which is powered by NVIDIA's Jetson chipset, will be rolled out to customers on an as-needed basis. Chief Device Officer Rich Heley likened the process to ordering a pizza at the San Francisco event.

“These advancements make it possible to offer new ways of providing World ID's proof of human verification in more places around the world,” a company statement reads.

Nearly 7 million people have been scanned by World Orbs to date, according to the company's website. Everyone in attendance at the San Francisco launch event received a free Orb for their human identifying needs.

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