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Cryptocurrency News Articles

Worldcoin (WLD) Introduces World ID Credentials to Scale and Add Utility to Its Network

Oct 18, 2024 at 06:03 am

In an earlier post to its blog, Sam Altman co-founded cryptocurrency ventureWorldcoin said in part: “AI is progressing faster than even many experts expected.

Worldcoin (WLD) Introduces World ID Credentials to Scale and Add Utility to Its Network

Cryptocurrency venture Worldcoin said in a blog post on Monday that artificial intelligence (AI) is advancing faster than even many experts expected. To help bring World ID access to the millions of people who haven't yet had a chance to verify at an Orb, World ID 3.0 introduces World ID Credentials, a new way to enable the World Network to scale and add utility even faster. Starting today in the US, Malaysia and the UK and expanding in the coming weeks to many more countries around the world, World ID holders can now optionally store information from their physical NFC-enabled passports in World App on their device-with none of the data stored off their device or accessible to World Foundation, TFH or any third party-then use their World ID to prove things like age, nationality and unique passport ownership without revealing their real identity. In addition, the World Foundation has decided to allow Verified Passport holders to claim WLD tokens (where available) even before they fully Orb-verify their World ID. Publicly traded companies in the cryptocurrency space include Bit Digital (NASDAQ:BTBT), Coinbase (NASDAQ:COIN), Mara Holdings (NASDAQ:MARA), MicroStrategy (NASDAQ:MSTR), Riot Platforms,(NASDAQ:RIOT) Stronghold Digital Mining (NASDAQ:SDIG) and TeraWulf (NYSE:WULF) Bitcoin (NYSE:BTC) Investment Trust (NYSE:GBTC), BTC, $BTC, BITCOIN, $ETH, $LTC

Original source:tipranks

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