Worldcoin aims to be a global cryptocurrency that will be available to every person on the planet, regardless of whether or not they have a bank account in their name. Although the currency has been around since 2013, it only reached global recognition in 2021, when a scheme to distribute the coin was unveiled. Worldcoin’s ambitious plan is to sign up one billion users within the next two years. Its founders plan to achieve this by distributing 30 “Orbs” to operators worldwide. With these devices, operators can scan the irises of millions of humans who, in return, will receive Worldcoin as payment. The ultimate goal of its founders is to create a version of universal basic income for the cryptocurrency age and, in the process, deliver banking to the unbanked to as many people as possible.
