Worldcoin, the blockchain-based identity verification project, has rebranded itself as “World.” The announcement was made by Sam Altman, CEO of OpenAI and the mastermind behind the project.
Worldcoin, the blockchain-based identity verification project, has announced a rebranding to "World" at a company event in San Francisco. The announcement, made by Sam Altman, CEO of OpenAI and the driving force behind the project, comes amidst ongoing investigations into World's operations by several countries.
After a year of anticipation, World is finally unveiling its next-generation Orb. The biometric device, used to scan users' irises for identity verification, is now powered by Nvidia hardware technology, making it five times more powerful and efficient than its predecessor.
With a smaller footprint and fewer parts, the new Orb is designed to be more user-friendly and accessible. The company will be deploying these new Orbs in self-service kiosks in select markets, aiming to enhance the ease of use for its growing user base.
In another significant announcement, World revealed the launch of the World Chain mainnet, a layer-2 network constructed to improve the scalability and efficiency of its blockchain operations. This new infrastructure is intended to seamlessly handle the increasing volume of transactions and users, ensuring a continuous and secure experience.
One of the most exciting announcements was the potential integration of ChatGPT, OpenAI's advanced conversational AI, into World's identity verification platform. This collaboration could introduce new functionalities to the World platform, such as enhanced user interactions and support.
The integration aims to leverage ChatGPT's capabilities to provide real-time assistance and improve the overall user experience.
Expanding on its identity verification methods, World introduced alternative options through a program called World ID Credentials. This program enables users with NFC-enabled government-issued passports to verify their identity on the World app.
Another innovative feature, World ID Deep Face, claims to have solved the issue of deepfakes, ensuring the authenticity of video content featuring verified users.
Since its launch, World has seen rapid adoption, with over 15 million users registered on its platform, seven million of whom are verified. This rebranding and the introduction of new technologies are expected to further accelerate the adoption of World's identity verification solutions.
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