- Worldcoin was renamed “World” and launched a number of new options to enhance its World ID.
- The undertaking additionally introduced the mainnet launch of its World Chain blockchain.
Worldcoin is now merely “World” after the blockchain-based identification verification undertaking introduced its rebranding on October 17.
Sam Altman and Alex Blania, co-founders of World, introduced the title change throughout a company occasion in San Francisco. Along with the rebranding, the undertaking unveiled a number of updates geared toward bringing “proof of humanity” expertise to extra individuals.
One of many key bulletins is the disclosing to the world of a brand new model of the Orb biometric identification system. The corporate mentioned the next-generation Orb is powered by NVIDIA's newest Jetson chipset and delivers as much as 5 instances higher AI efficiency than the earlier model.
World additionally launched World ID 3.0, a complicated model of World ID designed to allow deeper verification throughout the globe. The World ID Credentials and Deep Face options improve this functionality, permitting individuals with an NFC-enabled passport to confirm their identification via their gadgets.
The brand new World ID 3.0 consists of World ID credentials, a approach for much more individuals to take part and profit from the World Community utilizing issues like an NFC-enabled passport. pic.twitter.com/sLGRCezIiD
– World (@worldcoin) October 17, 2024
In accordance with particulars within the weblog publish, verified passport holders can declare the native WLD cryptocurrency even earlier than totally verifying their identification via Orb.
World Chain Mainnet Launch
October 17 additionally noticed World Chain, the layer 2 chain introduced by the World Basis earlier within the 12 months, launch its mainnet. Roughly 15 million individuals have migrated or are finishing their migration to World Chain as of Thursday, October 17, 2024.
World Chain is a blockchain community that can prioritize human exercise and transactions over bots and launched with help from a number of crypto platforms together with Dune, Uniswap, Optimism, Alchemy, Secure and Etherscan.
