Sam Altman's cryptocurrency project has been rebranded from 'Worldcoin' to simply 'World,' introducing a new focus on iris-scanning technology. The project unveiled its upgraded 'Orb' device, featuring NVIDIA's Jetson processor for enhanced performance and a sleeker design. Users will receive a World ID while still benefiting from the Worldcoin (WLD) cryptocurrency. The new Orb ensures secure and anonymous identity verification, deleting eye scan data post-verification. Despite regulatory challenges, World aims to advance its technology globally, fostering a secure ecosystem for users.