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🫨👁️Worldcoin Pilots World ID Verification In Peru, WLD Price To Rally?
Having made significant progress with the help of #Worldcoin 's Orb verification, a vital component of World Identity verification, including remarkable developments in Argentina and Singapore, the project is now expanding to #Peru aiming to revolutionize digital identity. WLD, the local token of Worldcoin, is ready to potentially benefit from this expansion and is currently attracting the attention of investors, as it is witnessing a decline in price.
World Authentication Is Moving to Peru: What's Going On?
World Identity Verification is a state-of-the-art, open-source and permission-free digital identity protocol that allows individuals to verify their humanity online while protecting their privacy. This verification primarily takes advantage of Worldcoin's Orb verification process, which uses an Orb to scan a person's irises in order to generate a unique iris code, which is then used to create a distinctive digital identity.
In its official statement released on May 8, Worldcoin stated: 'World ID sphere verifications are now available in Lima, the capital of Peru.' Peruvians over the age of 18 have the right to prove their humanity online.
According to a recent survey conducted in March this year, 90% of more than 800 Peruvian respondents implied that they wanted technology-based solutions to distinguish people from online bots. Moreover, 84% said that mechanisms that separate machines from humans are 'very much needed' for the future.
Taking advantage of this opportunity, Worldcoin seems to have started a nationwide wave with World ID verification. As mentioned above, the development efforts in Argentina included the recording of about 500,000 World Authentications. However, last year, the company launched its Orb verification processes in Singapore in parallel with its efforts to expand its global foothold.
