- The Worldcoin project team announced the launch of the World ID protocol in Singapore.
- Previously, the developers launched an identity verification service in a number of cities in Europe, Asia and South America.
- More than 2.8 million people have used the World ID protocol.
World ID digital identification protocol launched in Singapore. This was reported by representatives of the Worldcoin cryptocurrency project.
world app just crossed 5m users and is now used by 1m per week
super grateful to everyone that has tried it, you made 2023 very special pic.twitter.com/BSojbJo4zF
— tiago sada (@tiagosada) December 21, 2023
In mid-December, the developers presented an updated version of the World ID 2.0 protocol. They reported that more than 2.8 million people worldwide have undergone identity verification.
In addition to launching the protocol, the startup behind Worldcoin, Tools for Humanity, has become a member of two organizations: the Singapore Fintech Association (SFA) and the Association of Cryptocurrency Enterprises and Startups Singapore (ACCESS).. The company continues to expand its presence in the markets of Asia, Europe and South America, the press release said.
Dmitriy YurchenkoAs the project team reported, last week the World ID verification service became available to residents of the Spanish cities of Seville and Bilbao. In addition, the protocol began work in Cologne and Leipzig. Argentina set a new national record with more than 10,000 new World ID users in one day.
Let us remind you that at the end of July the project team announced the launch of the main network and the WLD token. In the first days of operation, thousands of people lined up to have their eyes scanned to receive coins.
Worldcoin founder Sam Altman confirmed the high pace of technology adoption. According to him, every 8 seconds one person is verified in Worldcoin.
The company also noted an increase in the number of downloads of the World App crypto wallet, compatible with World ID. According to Tools for Humanity, users have created 5 million accounts and made 30 million transactions.
It should be noted that in December the project team announced that it would no longer provide digital personal identification services in countries such as India, Brazil and France.