Sunday, June 23, 2024

Worldcoin expands global ID verification to Singapore

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Worldcoin recently expanded its World ID verification service to Singapore through the Orb hardware device.

in recent tweets, World Coin announced a significant expansion of its World ID authentication service. Singapore joins the list of countries where an individual can authenticate her identity through Orb, the project’s custom hardware device. This development follows the successful launch of World ID 2.0 and the open sourcing of his Worldcoin iris recognition pipeline in mid-December.

Singapore’s addition to the Global Identity Verification Network is part of a broader global trend, with WorldCoin steadily expanding its market presence across Asia, Europe and South America. Tools for Humanity (TFH), a key contributor to the project, joins Singapore’s startup and technology associations to highlight the project’s commitment to collaboration and authenticity.

However, World Coin recently decided to discontinue Orb verification services in India, Brazil, and France. This is a move that adds further complexity to the evolving landscape of digital identity verification.

At the same time, the World App, a World ID compatible wallet, achieved a major milestone with over 5 million downloads and 1.7 million monthly active users. His TFH, which operates the World App, reports that these numbers will make it the fifth most popular hot wallet in the world in 2023, along with established players like Bitcoin.com Wallet.

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