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)
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