In a significant development in the blockchain space, Worldcoin has dropped the ‘coin’ from its identity and is now known as World. The rebranding was announced by project co-founder Sam Altman during a keynote speech on October 17th.
A New Era for Blockchain-based Identity Verification
As part of this major announcement, World also revealed several updates that are set to revolutionize the way we approach identity verification and digital security. These updates include:
Orb Biometric Scanning Devices
The company unveiled a new version of its Orb biometric scanning devices, which will be powered by Nvidia hardware. This upgraded version is expected to be more efficient and "five times" more powerful than its predecessor, with a smaller footprint and fewer parts.
What are the Benefits of the Upgraded Orb?
- Increased Efficiency: The new Orb will enable faster and more accurate biometric scans, reducing the time taken for identity verification.
- Improved Security: With enhanced security features, users can be assured that their sensitive information is protected from unauthorized access.
- Convenience: The smaller size of the upgraded Orb makes it ideal for self-service kiosks in various markets.
New Options for Identity Verification
World announced that users will soon be able to verify their identity through methods other than the Orb hardware. Through a program called World ID Credentials, users with NFC-enabled government-issued passports can confirm their identity on the World app.
Deep Face: A Revolutionary AI-Powered Service
Another major announcement made by World is the launch of Deep Face, a service that claims to have "solved deepfakes." This innovative solution enables developers to implement video verification in most apps where video can be uploaded or streamed. With Deep Face, users can determine whether videos featuring verified persons are real or have been faked using AI.
The Benefits of Deep Face
- Improved Security: Deep Face helps prevent the spread of deepfakes and ensures that online content is trustworthy.
- Enhanced User Experience: By providing a safe and secure environment, users can enjoy a seamless experience when interacting with videos online.
- Increased Transparency: With Deep Face, developers can ensure that their apps are transparent and accountable.
15 Million Users Signed Up for World App Service
As of now, 15 million users have signed up for the World app service. This significant milestone demonstrates the growing interest in blockchain-based identity verification and digital security solutions.
What does this mean for the Future of Identity Verification?
- Increased Adoption: The rebranding and updates announced by World are expected to attract even more users and partners.
- Improved Efficiency: With the upgraded Orb and new options for identity verification, users can expect a smoother experience when interacting with the World app.
- Enhanced Security: Deep Face and other security features ensure that online content is trustworthy and secure.
As World continues to innovate and expand its services, one thing is clear: the future of blockchain-based identity verification has never looked brighter. With its commitment to improving efficiency, security, and user experience, World is poised to revolutionize the way we approach digital identity verification.