Worldcoin,thedigitalidentityprojectsupportedbySamAltman,isrebrandingtoWorldNetwork,nowsimplyknownas“World.”ThistransitioncomeswiththeofficiallaunchofWorldChain,aLayer2blockchainontheEthereumnetwork.
AttheeventinSanFrancisco,AltmanandBlania,thecompany’sco-founders,presentedseveralnewfeatures,includingenhancementsintheWorld’sOrbtechnology.TheOrb,initiallydesignedforirisrecognition,isreceivingasignificantupgrade.
NEW:@worldcoinREBRANDSTO“WORLD”
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—DEGENNEWS(@DegenerateNews)October17,2024
World’snewfeatures
ThenewversionwillincorporateNvidia’slatestJetsonchipset,whichoffersalmostfivetimestheAIprocessingpowerwithfewercomponents.ThisenhancementwillenabletheextensionoftheuseofOrbviaself-servicekiosks,whichwouldbeaconvenientwayforpeopleacrosstheglobetoaccesstheservice.ChiefdesignerHenryHeleysaid,“Peoplewillalsobeabletosummonorbstotheirhomethroughanapp,muchlikeapizza.”
Thecompany’skeyproductistheIrisScanningtechnologythatthecompanyemploysfortheidentificationofhumanusersfrombots.Thisisevenmoresogiventhefactthatartificialintelligenceisstillrelativelynew.However,Worldisexpandingitsapproachandgivingitsusersmorewaystoberecognized.
BesidestheupdatedOrb,Worldofferednewwaystojoinitsidentityprojectwithouttheuseofirisscans.OnekeyalternativeistheabilitytouseanNFC-enabledpassport.
ThisNFC-basedpassportallowspeopletoprovetheircitizenship,age,andpassportpossessionwithoutrevealingtheiridentity.ThecompanyisalsoplanningtoextendtheuseoftheidentityverificationtechnologytoothermessagingapplicationslikeFaceTime,WhatsApp,andZoom.Additionally,thecompanyisupdatingitsmobileapptoenable“mini-apps”fromthird-partydevelopers.
World,whichwaslaunchedinJuly2023,hasalreadymanagedtocreateaglobaluserbase.Withmorethan10millionsignupsand7millionverifiedusers,thenetworkisalreadypopularacrosstheworld.AltmanandBaniastatedthatthecompanyaimstoincreasethisfigureto700millionormore,saying,“Everytwoseconds,apersonjoinsthenetwork,andthisisstilljustthebeginning.”Afterthepresentation,theworldcointoken(WLD)droppedbyabout5%,anditiscurrentlytradingat$2.14.
cryptopolitan.com