Saturday, March 2, 2024

Worldcoin launches Orb Tech for ID authentication in Singapore

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WorldCoin, the cryptocurrency venture founded by Sam Altman, is expanding its innovative global identity verification system to Singapore, allowing individuals to verify their identity using the project’s custom hardware device, Orb. I made it.

Following the release of World ID 2.0 and the open sourcing of the iris recognition pipeline in December, validation locations have expanded around the world to include cities in Spain, Germany, Chile, Argentina, and Japan.

Project contributor Tools for Humanity (TFH) has joined Singapore’s ACCESS and the Singapore FinTech Association to strengthen its presence in the technology and startup community. TFH’s product development team recently completed a successful multi-city tour of Asia.

World App, the first World ID compatible wallet, has achieved a significant milestone with over 4 million downloads, ranking it as the world’s 5th most popular hot wallet in 2023. With over 1.7 million monthly active users, the app has reached a record high. Over 30 million transactions.

This development highlights the growing global interest in WorldCoin seeking to establish proof of identity and expand its market influence into Asia, Europe and South America.

Also read: Worldcoin suspends Orb services in India, Brazil, France

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