Breaking news reveals that OpenAI is working on launching a new social media platform, exploring biometric authentication methods such as eye scanning or Face ID. The technology under consideration includes the World’s ($WLD) Orb device and Apple’s Face ID system.
Following this announcement, the value of the associated altcoin $WLD surged, as confirmed by OpenAI CEO Sam Altman.
The accompanying chart illustrates the upward trend in $WLD's market price.
This emerging social network is currently in its infancy and is being developed by a small team of fewer than ten members. Its core philosophy centers around ensuring “only real people”; this principle aims to set it apart from other platforms. OpenAI has already attracted vast user bases with innovations like ChatGPT and Sora. Nevertheless, if this project moves forward, it will face stiff competition from established giants such as Instagram and TikTok.
Sources speaking to Forbes reveal that biometric verification options are under review to facilitate secure user onboarding. Among these are Apple’s Face ID technology and Tools for Humanity’s World Orb device—an iris-scanning tool designed to create unique, verifiable digital identities. Notably, Tools for Humanity was founded by Sam Altman himself.
The goal behind implementing biometric authentication is to guarantee that every account corresponds to an actual individual. While current platforms like Facebook or LinkedIn rely on phone numbers, emails, or behavioral patterns for identity confirmation, biometrics remain relatively uncommon in mainstream use due to privacy concerns. Critics warn about potential risks tied to handling immutable data such as iris scans.
Please note: This content does not constitute investment advice.