Sam Altman’s World Takes Proof-of-Human IDs to Banks, Citing $40B AI Fraud Risk

World, the identity project co-founded by Sam Altman, is pitching its proof-of-human ID system to banks, citing a $40 billion AI fraud risk as the driver. Bain Capital, VanEck and Pantera Capital are named as design partners for the offering, which also lets users delegate proofs to AI agents. The news is a business-development expansion for World's identity stack rather than a direct catalyst for any specific token, so traders are unlikely to reprice majors on it alone.