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Worldcoin Orb Verification Service Integrates With Solana Blockchain After Implementing Wormhole Interoperability Protocol

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发布: 2024-09-14 03:16:10
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This milestone will enable builders on the Layer-1 blockchain to join the growing number of developers already integrating World ID into their apps and platforms.

Worldcoin Orb Verification Service Integrates With Solana Blockchain After Implementing Wormhole Interoperability Protocol

Worldcoin Orb Verification Service Now Available on Solana (SOL) Chain

World ID, a service offered by Worldcoin that enables Orb verification, is now available on the Solana (SOL) blockchain. This integration was made possible by Wormhole, an interoperability protocol that facilitates communication between Layer-1 blockchains.

With this development, builders on the Solana blockchain can now join the growing community of developers integrating World ID into their applications and platforms.

Previously, only Ethereum-based developers had direct access to World ID’s unique humanness verification capabilities. However, despite this limitation, developers could still use World ID on other chains with some technical effort.

Now, Solana becomes the second blockchain with native support for authenticating people’s World IDs, enabling developers to build applications that prioritize real users across the chain.

“Having World ID on Solana is a huge step forward for identity verification at a global scale. With the integration of World ID and Wormhole Queries, developers can now easily build applications that prioritize real users across chains, improving trust in decentralized ecosystems,” said Robinson Burkey, co-founder of the Wormhole Foundation.

This achievement comes as the company behind the orb verification technology faces regulatory challenges in Singapore. On Friday, Gan Kim Yong, the Deputy Prime Minister of Singapore and chair of the Monetary Authority of Singapore (MAS), announced an investigation into Wordcoin after seven individuals were suspected of illicit trade.

All seven individuals were suspected of buying and selling these accounts and tokens, an action that could violate the Payment Services Act (PS Act) of 2019. The officials also highlighted that the MAS does not consider Worldcoin a certified payment service provider under the PS Act.

Following the announcement, Gan warned Singaporean consumers to remain vigilant and avoid jeopardizing their World IDs.

Meanwhile, the native token of the service, WLD, has seen some improvement in its price performance recently.

As reported, the token registered a price boost, spiking by 16% in one 4-hour candle before retracing and settling around 5%. At the last check, WLD trades at $1.48 with a 5.62% increase in the last 24 hours.

According to a recent WLD price analysis, the token is expected to rally by about 34%, which could catapult the crypto to $2.00. If the buying pressure persists, it could break above the $2.00 psychological barrier and head to the next major resistance around $3.20.

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