#Worldcoin is a digital identification platform that uses eye-scanning technology to create a worldwide network of financial and user identities.
Worldcoin uses a proof of identity (PoP) method with a device called The Orb to verify user identity. This device uses iris scanning technology to generate a unique code that represents the user's identity.
The Worldcoin project was created by Sam Altman
Worldcoin has three main components:
World ID: A unique digital identity system for each user.
World App: A mobile application that allows users to access World ID and other Worldcoin services.
WLD Token: The utility and governance token used on the Worldcoin platform.
$WLD can be used for a variety of purposes, including:
Pay transaction fees on the Worldcoin platform.
Purchase goods and services from Worldcoin partners.
Get a say in the governance of the Worldcoin platform.
