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The Worldcoin price dropped by 10% after integrating technology into Zoom and DocuSign
Over the past 24 hours, the Worldcoin token price has decreased by more than 10%, currently, according to CoinMarketCap, it stands at $0.2842.
The decline began after the project team integrated their iris scanning technology into the video conferencing service Zoom and the electronic signature platform DocuSign.
Zoom uses World’s Deep Face technology to protect against deepfakes, while DocuSign employs it to verify World’s ID in digital agreements.
Additionally, the dating app Tinder is expanding its World ID verification system for users in the USA.
In a context where AI agents are increasingly acting on behalf of real people, the importance of identity verification infrastructure becomes critically significant.
World’s ID technology is based on the Orb device, which scans the user’s iris to create a unique digital identification marker necessary for verifying identity without revealing personal data.
Although biometric verification is seen as a solution to the problem, critics warn that mass data collection increases privacy risks, especially if controlled by a single company.
This could lead to excessive control, particularly if the technology is misused.
It was previously reported that Chinese authorities accused the Worldcoin project of threatening national security.