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Worldcoin Unveils Partnership with Alchemy to Forge the Infrastructure for World Chain, Its New Blockchain Dedicated to Digital Identification

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Release: 2024-06-28 02:37:30
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Alchemy, a prominent web3 development platform, will integrate World ID into its suite of tools, making it accessible to developers globally.

Worldcoin Unveils Partnership with Alchemy to Forge the Infrastructure for World Chain, Its New Blockchain Dedicated to Digital Identification

Worldcoin, a company dedicated to building a global digital identity network, has announced a strategic partnership with Alchemy to establish the infrastructure for World Chain, its new blockchain for digital identification.

As part of this collaboration, Alchemy, a prominent web3 development platform, will integrate World ID into its suite of tools, making it accessible to developers globally. The partnership aims to contribute to the development of World Chain, which will be embedded into the Worldcoin protocol and aligned with Optimism, Coinbase, and the broader Ethereum ecosystem, forming an interconnected blockchain network referred to as the Superchain.

Enhancing Digital ID Verification

First announced in April, World Chain is closely linked to Worldcoin’s digital ID system, which utilizes iris biometrics to verify that each user is a real human and not a bot or duplicate account. This biometric verification system is designed to enhance security and authenticity within the blockchain environment.

World Chain will prioritize blockspace and provide a free gas allowance to holders of verified World IDs. This ensures that the blockchain remains optimized for real users rather than bots. Blockspace refers to the data capacity of a blockchain transaction block, while gas allowance measures the computational effort required for executing transactions, often involving fees paid to miners for processing these transactions.

Developer Opportunities Ecosystem Growth

The collaboration with Alchemy will enable developers to create applications specifically for verified users. Currently, there are over 5.8 million orb-verified World ID holders and more than 10 million downloads of the World App worldwide. The transition from OP Mainnet to World Chain will establish the new platform for World ID and the World App, offering developers a robust foundation for building secure applications.

The partnership provides developers with access to Alchemy’s comprehensive web3 platform, which includes APIs, indexing solutions, and essential tools for application development. This infrastructure will also enhance the security of self-custodial wallets, ensuring that user data and transactions are protected.

A preview version of World Chain for developers is expected to launch soon, enabling them to begin building on the blockchain in preparation for its full launch later this year. This preview will allow developers to familiarize themselves with the new platform and start creating innovative applications that leverage the enhanced security and verification features of World Chain.

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source:kdj.com
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