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Worldcoin rebrands as World, targets 1 billion users with new blockchain and biometric tech
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  3. Worldcoin Rebrands as World: Blockchain and Biometric Tech Targets 1 Billion Users

Worldcoin Rebrands as World: Blockchain and Biometric Tech Targets 1 Billion Users

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World Unveils Ambitious Plans for Global Growth and Decentralized Identity Platform

Major Rebrand and Expansion

Shift Towards Decentralization

World, formerly known as Worldcoin, made a significant announcement during a keynote address by co-founders Sam Altman and Alex Blania. The rebrand signifies a move towards a more decentralized network, with a focus on expanding its user base to 1 billion people.

World Chain and Biometric Updates

The project introduced World Chain, an Ethereum-secured Layer 2 blockchain, and revealed a new version of its biometric Orb devices. These updates are aimed at driving global adoption of the platform and enhancing its scalability and decentralization efforts.

Scaling for Global Impact

Growth Plans and Orbs Expansion

With 15 million users, including 7 million verified through Orb technology, World is now aiming to onboard a billion verified human users. The platform plans to triple its production capacity and expand into new countries, offering updated Orbs in public spaces and on-demand delivery to make verification more accessible.

Enhancing Identity Verification with Biometrics

The updated Orbs, which scan a user’s iris for identity verification, will play a central role in World’s global expansion strategy. The project aims to make verification seamless and convenient for users while increasing its global footprint.

World Chain and Digital Identity Services

Introduction of World Chain

World Chain, a Layer 2 blockchain on the Ethereum network, was officially launched to support millions of users. The blockchain already has 15 million registrations globally, making it one of the largest human verification blockchains.

Upgraded World App Features

Version 3.0 of the World App will allow users to manage their World ID credentials and access services like World Pay and World Chat. Additional features, such as games and a messaging system, will be introduced to engage users and onboard more participants.

Empowering Human Identity in the Age of AI

Role of World in Online Verification

World aims to be the “anonymous human layer for the internet,” helping individuals differentiate themselves from AI entities. As AI technology continues to advance, the importance of trusted human identity verification becomes increasingly critical in the online landscape.

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Worldcoin Rebrands as World: Blockchain and Biometric Tech Targets 1 Billion Users
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Disclaimer:

The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
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