An iris scan authenticating a user for unbacked crypto loans, highlighting the innovative yet risky nature of Divine Research's World ID-powered decentralized lending.
Blockchain News

Alarming Crypto Loans: Divine Research’s Risky Unbacked Lending via World ID

The world of decentralized finance (DeFi) is constantly pushing boundaries, seeking to redefine traditional financial systems. A recent initiative by Divine Research has stirred significant discussion, introducing a novel approach to providing crypto loans to underserved populations. This bold move leverages Sam Altman’s World ID, a biometric verification tool utilizing iris scans, to bypass conventional […]