TechFlame, July 27. According to Cointelegraph, San Francisco-based lender Divine Research has issued about 30,000 unsecured short-term cryptocurrency loans since December, using OpenAI CEO Sam Altman's iris scanning platform World ID to verify borrowers' identities.

Divine Research mainly provides USDC stablecoin loans of less than $1000 to overseas borrowers with inadequate traditional financial services, using World ID to ensure that users are unable to open multiple accounts after default. The company's founder Diego Estevez said that

the borrowers included high school teachers, fruit vendors, and other ordinary people.