$WLD Malaysia Adopts Worldcoin, Taking Bold Step Towards Digital Future

The Malaysian government has signed a memorandum of understanding with Worldcoin to modernize its digital infrastructure.

This was reported by the Worldcoin Foundation in a recent statement published on its website. According to the foundation, which is in charge of developing the project, this agreement seeks to integrate Worldcoin technology into Malaysia's technological system, to create a new innovative digital identification system that is based on the verification of humanity.

The foundation highlighted the collaboration as a crucial advance in the era of Artificial Intelligence.

Through Worldcoin, the country not only seeks to improve the security and privacy of its citizens, but also to position itself as a leader in the adoption of emerging technologies, the statement highlighted.

The usefulness of Worldcoin for digital identification in Malaysia

Malaysia's commitment to Worldcoin represents a unique opportunity to transform the way citizens identify themselves and access government services.

The foundation explained that its technology uses an advanced biometric verification system through iris image capture, allowing a person's identity to be verified safely and efficiently. Worldcoin also employs a mechanism known as "proof of humanness" and has implemented a secure multi-party computing system (SMPC), which not only ensures that each individual is unique, but also protects their privacy by breaking down biometric information into multiple secret components that are never revealed.

The implementation of this technology in Malaysia will allow the government to leverage new innovations to improve ongoing and future work.