WorldCoin Launches "Digital Passport" World ID for Real Humans

Jul 26, 2023

Worldcoin launches its 'World ID,' a digital passport verified through iris scans, to distinguish real humans from AI bots online. Explore the potential impact!

Worldcoin, a cryptocurrency project co-founded by OpenAI CEO Sam Altman, has officially launched its core offering, the “World ID.” This unique “digital passport” aims to verify individuals as real humans, distinguishing them from AI bots online. 

The project’s parent company, Tools for Humanity, based in San Francisco and Berlin, has already seen 2 million users during its beta phase. With the official launch, Worldcoin is expanding “orbing” operations to 35 cities in 20 countries. New users from select countries will receive Worldcoin’s cryptocurrency token, WLD.

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Iris Scans for Human Verification

World ID’s main verification method involves an in-person iris scan using Worldcoin’s innovative device known as the “orb.” This bowling ball-sized orb scans an individual’s iris, confirming their identity as a real human, and subsequently generates a unique World ID. The project envisions blockchains to securely store these World IDs, preserving privacy while remaining immune to control or shutdown by any single entity.

Worldcoin’s Soaring Cryptocurrency Token

With the official launch of Worldcoin, its cryptocurrency token, WLD, has gained significant traction. Early trading on Monday saw WLD’s price soar to a peak of $5.29 on Binance, the world’s largest exchange. Starting from $0.15, the token reached $2.49 with a trading volume of $25.1 million.

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Source - https://nftnewstoday.com/2023/07/25/worldcoin-launches-digital-passport-world-id-for-real-humans/