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WorldCoin Growing their IrisCode database

  • Writer: Hari Ashton
    Hari Ashton
  • Sep 18
  • 2 min read

While the headline of this article might give us reason to be excited – Worldcoin, one of Sam Altmans offerings to the crypto world, is growing user base and making waves as a savings tool for business. That's great for the potential and growth of crypto commerce! - When you read a little deeper into it you see that the article starts to focus on Worldcoins hitch. It REQUIRES users to scan their eyes, to produce an “IrisCode”. The company claims this is a security measure and is needed for the AI world. We need to be able determine if our customers are, in fact, humans and not bots. This is billed as new infrastructure, being touted as “integral to the AI buildout.”.


It's a fact of the industry that we need to know our customers. It's also a fact that crypto customers enjoy the anonymity that comes with De-Fi commerce. With 16 million identities confirmed, and aims to reach 100 million in the next year, IrisCode looks to become the leader in KYC compliance measures and with the 16 million users already signing up for Worldcoin with it's mandatory IrisCode scans, there is clearly momentum growing towards a less anonymous crypto world.


Indi uses real time KYC verification to compliment the asset compliance module functions. As the front door of Indi's robust systems, our goal is to be the secure and seamless infrastructure that allows crypto commerce to become mainstream. Our multi-layered approach to real time KYC and asset verification aims to build confidence in regulators and businesses so that the multi-trillion dollar future of crypto commerce can be accessed by more and more consumers.


 
 
 

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