After the successful launch of World ID 2.0 and the open-sourcing of the Worldcoin iris recognition pipeline in mid-December, Sam Altman, CEO of OpenAI, is expanding the Worldcoin cryptocurrency initiative to Singapore.
The Orb, a special hardware device developed for the project, may now be used for World ID verifications at five different sites around the city-state. The launch of World ID verifications in Sevilla and Bilbao is timed to coincide with this expansion, further increasing the project’s reach throughout the world.
World ID verifications have lately extended their reach in South America, joining Santiago in Chile and now also in Concepcion, Curico, and Viña del Mar. Argentina, meanwhile, reached a major project milestone with over 10,000 verifications in a single day, setting a new national record.
The Worldcoin service was briefly unavailable in Brazil, France, and India, according to TechCrunch. In order to keep up with the increasing demand for World ID in India, the Worldcoin Foundation said that a customized, secure, and organized approach was necessary.
After orb-verified proof-of-personhood services were temporarily scaled down in 2019, the business plans to return to India in 2024.
Protocol users may look forward to “apps, levels, and a series of core improvements” with the release of World ID 2.0. These apps improve the integration of World ID with commonplace programs by connecting with numerous services, such as Reddit, Discord, Shopify, and more.
Worldcoin has persisted in offering its identity verification services despite backlash and governmental investigations since its inception. During their multi-city trip in Asia, the TFH product development team has received notice for the project’s unique hardware, the Orb, which facilitates identification verification.
The price of the Worldcoin token has been falling recently, according to statistics from Coingecko, down 3.2% weekly and 5% in the last 24 hours, trading at $3.55 at the moment.
Notwithstanding this, crypto fans are keeping a careful eye on the coin, hoping for a possible surge if the initiative expands into Singapore and other places.
More than 2 million individuals have signed up for Worldcoin’s identity verification procedure since its start in 2021, and that number will only rise until the formal debut in July 2023.
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