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The business-to-business software firm, which has a market cap of $11.5 billion, gave users the option of logging in with their World ID beginning in June. Social media app Discord also uses World ID for verification. But ultimately, the foundation envisions a future where a World ID could be used to facilitate nationwide votes, among other use cases involving banking and e-commerce. Ava Labs president John Wu tells CNBC that the self-custody feature of the Worldcoin ID is also critical. Despite his concerns, Mwangi ultimately chose to enroll in the project because he believed in the wider mission of the World ID.
Persons: Keneth Byarugaba, Byarugaba, Namureba Abel, Abel, Muvya Muthama, Muthama, Sam Altman, Peter Mwangi, I'm, Mwangi, They're, Worldcoin, John Wu, Wu, Ricardo Macieira, Annegret Hilse, hasn't, Byarugaba indoctrinates, it's, isn't, CNBC's Jordan Smith Organizations: Worldcoin, CNBC, cryptocurrency, Social, FBI, Reuters Locations: Uganda, Kampala, Nairobi, Kenya, web3, Chile, Europe, Berlin
Uganda enacts harsh anti-LGBTQ law including death penalty
  + stars: | 2023-05-29 | by ( ) www.reuters.com   time to read: +4 min
Same-sex relations were already illegal in Uganda, as in more than 30 African countries, but the new law goes much further. It imposes capital punishment for some behaviour including transmitting a terminal illness like HIV/AIDS through gay sex, and stipulates a 20-year sentence for "promoting" homosexuality. Uganda receives billions of dollars in foreign aid each year and could now face another round of sanctions. The bill's sponsor Asuman Basalirwa told reporters that parliament speaker Anita Among's U.S. visa was cancelled after the law was signed. "Our data shows that this law runs counter to the interests of economic progress and prosperity of all people in Uganda," he said.
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