Worldcoin (WLD), a digital identity verification project co-founded by OpenAI CEO Sam Altman, announced that it has officially changed its name to "World Network (or simply World)", and its own Ethereum Layer 2 network "World Chain" mainnet has also been launched simultaneously. , and also released the second-generation iris scanning device "Orb 2.0", marking an important milestone in its development.
Development company Tools for Humanity held a press conference in San Francisco on Thursday. In addition to officially debuting World with a new look, it also showcased a series of new products, services and technology updates. This rebranding not only marks that World will no longer be just Limited to the field of cryptocurrency, it also better reflects the development direction of digital identity verification.
The core idea of World is that as artificial intelligence technology (such as OpenAI) becomes more advanced, it will be difficult to distinguish whether an online conversation is between a human and a machine. In order to solve this problem, World provides "human identity verification services" based on blockchain and promises to return the wealth created by AI to mankind around the world.
4-step development path: from technology to global expansion
At a press conference on Thursday, Tools for Humanity co-founder and CEO Alex Blania detailed World’s four-step development path. The first two steps are the development of the iris scanning device “Orb” and the establishment of blockchain-driven decentralized ownership. Network, all completed. The next goal is to expand global users and ultimately achieve the redistribution of AI wealth.
To achieve this goal, World launched the second-generation iris scanning device "Orb 2.0", which is easier to mass-produce, has fewer parts, and runs 3 times faster.
In addition, World plans to provide self-service verification services in cafes and other places in the future, and announced its cooperation with Rappi, the largest food delivery platform in Latin America, to provide door-to-door verification services.
At the same time, Tools for Humanity also released the facial recognition function "Deep Face", which aims to use the company's verification service to combat the chaos of using deepfake technology to impersonate other people's identities to enhance online transactions, The security of online shopping and website login. The company said the technology could be used to enhance FaceTime, Zoom and other applications in the future, but did not provide further details.
The company also demonstrated "World ID 3.0", which introduced features such as World ID Credentials, allowing users to directly store NFC-enabled passport information in the mobile application World App, and later verify their identity on the Internet without revealing their true identity. Identity can also verify age, international and passport ownership.
In addition to launching a series of new features, World ID support regions will also be expanded to Taiwan and Malaysia.
"Worldcoin announced its name change to "World"! The Worldchain mainnet is launched simultaneously, and Orb 2.0 debuts." This article was first published on (Block Guest).
