Wall Street Tech analyst and Achtco Holdings Inc. Orbs Chair Then then Ives repeated his faith in the World Networks (Wld) potential to become the leading authentication technology in the AI revolution.
Ai meets Crypto
During an interaction with exhibition market commentator Amit KukrejaViewed the Sam Altman-Tested initiative as more an infrastructure tech game than a cryptocurrency game, where it was predicted to become the “single registration for AI” in the future.
“For me it is really as if I look forward to the future between bots, robot, you need human evidence. This is really an AI that meets crypto intersection. And that is why I am so enthusiastic to be part of it,” Ives added.
Ives compares the project with Tesla, Nvidia
The Wedbush effects Analyst said that the identity verification project is ‘many years ahead’ on any other competition and similar to how he saw Tech -Titans Tesla Inc. Tsla” Nvidia Corp. NVDA And Palantir Technologies Inc. Mold in their early days,
See also: Dan Ives walks Apple Price Target to $ 310, says ‘Positive Surprised’ On Demand process for iPhone 17
Ives rejects concern about privacy
Ives defended the world network against privacy problems.
“It is actually the most privacy-driven solution there is, because when you have scanned your eyes, it is literally in the sphere for 20 seconds and then it goes to your phone in your world app,” he said. “It is actually the opposite. You have control over your data. It is decentralized.”
The optimism of Ives follows his appointment as chairman of Eightco, a company that has taken over the native token of the World Network, Wld, as its primary reserve assets. Tom Lee-LED Bitmine Henon Technologies Inc. Bmnr has also announced an investment of $ 20 million in the company.
The world is an identity verification project that records the irises of people to confirm their humanity and build a digital ID, so that they can receive Wld -Tokens for free.
However, this approach has led to privacy problems for personal data. The project is currently forbidden in Hong Kong, Kenya and Spain.
Price action: At the time of writing, Wld exchanged his hands at $ 1.36, according to 4.52% in the last 24 hours, according to Data from Benzinga Pro. The currency has risen 37% in the past month.
Achtco shares fell 0.08% on the market after hours after closing 6.18% lower at $ 12.00 during the regular trade session of Monday.
According to Benzinga’s Edge Stock Rankings, the shares was in a downward trend in the short, medium and long term. This is how it is in other statistics from this letter.
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Safeguard: This content was partially produced with the help of Benzinga Neuro and was assessed and published by Benzinga Editors.
Photo Courtesy: Artemenko Valentyn on Shutterstock.com
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