Worldcoin (WLD) is making significant moves by migrating to its own Ethereum-based layer-2 blockchain called World Chain. This transition is designed to prioritize human users, verified through its unique World ID system, and reduce the influence of bots on blockchain activities. World Chain aims to ensure more efficient and secure, human-centric transactions, offering lower gas fees for verified users, while leveraging Ethereum’s Optimism infrastructure.
This new network, which will launch soon, is expected to integrate with major projects like Uniswap and Alchemy, and focus on fostering a decentralized identity system that supports advancements in artificial intelligence. Binance has been closely following the transition, highlighting key integrations that seek to improve cross-chain interoperability and data accessibility.
However, some regulatory challenges remain in certain regions, especially around privacy concerns as Worldcoin collects biometric data for its identity verification system. Despite these hurdles, the migration is seen as a positive step towards expanding decentralized identity and improving blockchain scalability.    .$WLD