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altcoinOct 19, 2026AI summary

Sam Altman's World Targets Banks With Proof-of-Human IDs

Edited by Steinar Vigdel Kolnes, Editor, Oslo

World is bringing proof-of-human IDs to banks, citing a $40 billion AI fraud risk, with Bain Capital, VanEck and Pantera Capital among its design partners.

Sam Altman's World Targets Banks With Proof-of-Human IDs

Sam Altman's World is taking its proof-of-human identity offering to banks, citing a $40 billion risk from AI-related fraud, according to Decrypt.

Bain Capital, VanEck and Pantera Capital are participating as design partners for the offering. Their involvement does not necessarily indicate a broader commercial rollout.

The offering also allows users to delegate proofs to AI agents, extending its use beyond interactions in which people act directly.

Source: Decrypt

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