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Cryptocurrency News Articles

Worldcoin Teams Up with Dune to Enhance Data Accessibility for Its Blockchain Network, World Chain

Oct 11, 2024 at 10:49 pm

The Worldcoin Foundation announced its partnership with the web3 data analytics platform on Oct. 11, detailing plans to leverage Dune to ensure global access.

Worldcoin Teams Up with Dune to Enhance Data Accessibility for Its Blockchain Network, World Chain

Web3 data analytics platform Dune is collaborating with Worldcoin to enhance data accessibility on its upcoming blockchain network, World Chain.

The partnership, announced by the Worldcoin Foundation on Oct. 11, will see Dune work with decentralized technology firm Worldcoin (WLD), project contributor Tools for Humanity, and the foundation to ensure transparency for on-chain data accessibility on World Chain.

The collaboration comes ahead of the blockchain’s mainnet launch, which is expected to provide users with the ability to explore on-chain metrics for real humans, decentralized finance protocols, exchanges, and any blockchain-based public project.

Launched in July 2023 by OpenAI co-founder Sam Altman, Worldcoin has faced regulatory hurdles and concerns over its token supply since its debut. However, the project has seen a significant increase in iris scanning and verification.

In 2024, Worldcoin launched its World ID verification product in European countries such as Poland and Austria, while expanding into Asia and South America. The company, which offers eligible users the native WLD token after scanning and verifying their identity, has faced setbacks in Hong Kong, Spain and Portugal among other jurisdictions.

The company announced the upcoming launch of World Chain in April, highlighting a blockchain built on OP Stack. The company partnered with web3 platform Alchemy to debut the new blockchain.

Set to integrate with the World ID, World App and Worldcoin cryptocurrency, World Chain will also tap into Ethereum (ETH) and Optimism (OP) as part of the Superchain. Users who verify their identity on the chain to prove they are human will enjoy benefits such as priority block space and gas-free transactions.

Original source:crypto

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