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Cryptocurrency News Articles

Worldcoin Awards Wave1 Community Grants to 17 Startups Working on Digital Identity and Iris Biometrics Extensions

Jul 04, 2024 at 05:04 am

The second group of startups awarded funding by Worldcoin to work on extensions and applications of its digital identity and iris biometric technologies.

Worldcoin Awards Wave1 Community Grants to 17 Startups Working on Digital Identity and Iris Biometrics Extensions

Worldcoin has awarded a second round of funding to startups working on extensions and applications of its digital identity and iris biometric technologies.

The second wave of the Worldcoin Community Grants Program includes 17 projects. One of them, Taceo, was granted funding in Wave 0 to apply multi-party computation to iris code comparison. This led Worldcoin to adopt the new system for iris codes, and Taceo has now received another grant to continue its work.

Other grant recipients include Axiom, Proof of Passport, Farcaster Humaniser, Alphaday, Agora, Only Dust and BBB & Company.

Encode Club will receive a grant to create a series of live workshops and YouTube videos to educate people about Worldcoin. Wormhole will bring WorldID verification to Solana, while zkSnap will provide a secure voting protocol for system governance. Cometh will create a mobile native library for World Chain wallets to integrate passkeys and other tools.

Herodotus, named for the ancient Greek “Father of History,” will enable access to historical on-chain data across Ethereum layers, and World Poll is creating a polling platform based on World ID.

Fuzzing Labs is working on a way to enhance the security of biometric data on Worldcoin Orbs, and Satori is working on batch verification of World ID proofs.

Worldcoin parent and developer Tools for Humanity also added executives in biometrics, privacy and digital ID roles this week.

Original source:biometricupdate

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