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OpenAI’s Sam Altman Launches Worldcoin Cryptocurrency Project

OpenAI's Sam

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, made its debut on Monday, introducing its unique offering called the “World ID,” which serves as a digital passport to distinguish real humans from AI bots. To obtain a World ID, users must undergo an in-person iris scan using Worldcoin’s innovative ‘orb,’ a silver ball about the size of a bowling ball. This iris scan verifies the person’s authenticity as a human, and upon verification, a World ID is created.

Behind Worldcoin is the San Francisco and Berlin-based organization Tools for Humanity. During its beta phase, the project attracted two million users, and with its official launch, Worldcoin is expanding its “orbing” operations to 35 cities across 20 countries. As an incentive for sign-ups, users in specific countries will receive Worldcoin’s cryptocurrency token, WLD.

The price of WLD experienced a notable surge in early trading on Monday, reaching a peak of $5.29 on the prominent exchange Binance. Starting at $0.15, the token’s value climbed to $2.49 at 1000 GMT, with a trading volume of $25.1 million, as reported on Binance’s website.

The project’s founders emphasize that World IDs are stored on blockchains in a privacy-preserving manner, ensuring that no single entity can control or shut down the system.

The World ID holds significant potential in the age of advanced AI chatbots like ChatGPT, which can generate language that closely resembles human speech. World IDs are envisioned as a means to differentiate between genuine individuals and AI bots in the digital realm.

According to Altman, the concept of World IDs ties into broader economic implications brought on by the rise of AI. He cites universal basic income (UBI) as one example, envisioning a future where AI performs a substantial portion of human labor. In such a scenario, UBI could help address income inequality. Since World IDs are exclusive to real individuals, they could effectively combat fraud when implementing UBI programs.

While Altman acknowledges that a world with UBI is still far off, he believes that starting to experiment with concepts like Worldcoin’s World ID lays the groundwork for the potential realization of such ideas. By conducting trials and learning from these experiences, the project aims to pave the way for the future of economic systems in an AI-driven world.

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The U.S. Space Force has awarded SpaceX a contract worth $733 million for eight launches, reinforcing the organization’s efforts to increase competition among space launch providers. This deal is part of the ongoing “National Security Space Launch Phase 3 Lane 1” program, overseen by Space Systems Command (SSC), which focuses on less complex missions involving near-Earth orbits.

Under the contract, SpaceX will handle seven launches for the Space Development Agency and one for the National Reconnaissance Office, all using Falcon 9 rockets. These missions are expected to take place no earlier than 2026.

Space Force launch contract

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In 2023, the Space Force divided Phase 3 contracts into two categories: Lane 1 for less risky missions and Lane 2 for heavier payloads and more challenging orbits. Although SpaceX was chosen for Lane 1 launches, competitors like United Launch Alliance and Blue Origin were also in the running. The Space Force aims to foster more competition by allowing new companies to bid for future Lane 1 opportunities, with the next bidding round set for 2024. The overall Lane 1 contract is estimated to be worth $5.6 billion over five years.

Lt. Col. Douglas Downs, SSC’s leader for space launch procurement, emphasized the Space Force’s expectation of more competitors and greater variety in launch providers moving forward. The Phase 3 Lane 1 contracts cover fiscal years 2025 to 2029, with the option to extend for five more years, and the Space Force plans to award at least 30 missions over this period.

While SpaceX has a strong position now, emerging launch providers and new technologies could intensify the competition in the near future.

Electronic signature tools have transformed the way we handle documents, allowing you to sign, send, and manage paperwork digitally without the need for printing or scanning. With these tools, you can sign documents from anywhere, simplifying the process.

While DocuSign is a widely recognized eSignature tool with many useful features, it may not be affordable for everyone, especially for those who need it occasionally. Fortunately, there are plenty of 5 free eSignature alternatives available. After testing several, we’ve compiled a list of the top five free options to help you sign your documents with ease.

DocuSeal

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DocuSeal is a highly versatile, open-source tool that lets you create electronic signatures for a wide variety of file types, such as PDFs and Word documents. Its easy-to-use interface makes it simple for anyone to sign documents, and the best part is, it’s completely free.

DocuSeal offers customization options like choosing from different signature styles, adding text, or even uploading images. It also provides secure document storage and encryption, ensuring that your sensitive information stays protected. This makes DocuSeal a strong free alternative to DocuSign for users who need both flexibility and security.

OpenSign

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OpenSign is another excellent free eSignature solution that allows you to sign and send documents without any cost. It offers unlimited signatures, making it ideal for individuals or small businesses needing a budget-friendly tool.

One of OpenSign’s standout features is the ability to track your documents in real time. This way, you know exactly when a document is signed. Additionally, every signed document includes a completion certificate, which provides added security. OpenSign supports various file formats, including PDFs and Word docs, offering the flexibility to handle different types of documents.

Smallpdf

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Best known for its PDF tools, Smallpdf also provides a robust eSignature feature. You can upload documents, sign them digitally, and send them for signatures in just a few steps. It supports a range of file formats, such as PDFs, Word, and Excel files.

One of Smallpdf’s key advantages is its integration with popular cloud services like Dropbox and Google Drive, making it easier to access and sign your documents directly from the cloud. Available on both desktop and mobile, Smallpdf is a convenient choice for users who need a reliable, multi-functional tool.

Adobe Acrobat Reader

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Adobe Acrobat Reader is widely used for viewing PDFs, but it also includes eSignature functionality. You can use it to sign documents yourself or send them to others for signing.

Adobe Acrobat Reader also features document tracking, allowing you to monitor when a document has been viewed or signed. While some advanced features require a subscription, the free version provides sufficient eSignature capabilities, making it a good option for occasional users who want a secure and trusted tool.

Canva PDF Editor

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Canva is best known for its design capabilities, but it also has a handy PDF Editor that includes eSignature functions. You can upload PDFs and add signature fields as needed, making it a versatile tool for signing contracts, agreements, and other documents.

In addition to signing, Canva allows you to customize your documents by adding logos, text, and design elements. Canva’s PDF Editor also supports real-time collaboration, making it an ideal choice for teams or individuals working together on documents. It’s accessible on both desktop and mobile, making it convenient for signing documents anytime, anywhere.

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