WSJ: TFH Partners with Gap, Visa, and Tinder to Promote World ID Human Verification Product
Odaily News Tools for Humanity (TFH), the development team behind Worldcoin, is collaborating with Gap, Visa, and Tinder to promote the adoption of its "World ID" human identity verification product.
The report states that some Gap stores in San Francisco have deployed "Orb" devices to collect facial and iris information from users to generate a World ID. Meanwhile, TFH plans to launch a payment card linked to Visa, enabling users holding a World ID to spend 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 aims to generate revenue by charging applications for verification services. (The Wall Street Journal)
