Bitcoin News and Finance
Sam Altman-Backed Worldcoin Reaches 2 Million Signups Skip to main content

Sam Altman-Backed Worldcoin Reaches 2 Million Signups

Sam Altman Backed Worldcoin Reaches 2 Million Signups

Worldcoin, a startup that aims to build the “world’s largest identity and financial network as a public utility,” has reached two million sign-ups. The company, which uses its biometric World ID system to differentiate human beings, stated it has more than doubled the number of sign-ups since January when it reported having passed its first million.

Worldcoin Passes 2 Million Sign-Ups

The Worldcoin project, a startup building an identity database of users as a public utility, has reached two million sign-ups using its World ID protocol. The company — which is backed by Openai co-founder Sam Altman — reported that these sign-ups came via people registering from cities such as Barcelona, Berlin, Buenos Aires, New York, Seoul, and Tokyo, as part of the “world tour” announced in May. Overall, Worldcoin is registering more than 40,000 sign-ups each week.

The World ID protocol requires using special hardware devices for users to register to prove their “uniqueness and humanness in a privacy-preserving way.” The device, called the Orb, reads the user’s iris using two cameras and stores a high-definition image.

The cities mentioned have been provided with several Orbs, allowing users to scan their irises at selected locations. Worldcoin stated that it reached two million sign-ups in less than half the time it took them to score the first million.

On reaching this milestone, Worldcoin stated:

Achieving 2 million World ID sign-ups is more than just an accomplishment for the Worldcoin community; it’s also a significant milestone in the broader global effort to make digitally-verifiable identity more accessible to everyone.

Worldcoin reported that, in response to the growing demand for verified World IDs, it will ramp up the availability of Orbs in the coming months. The project is still in its beta phases.

Integration Growing

The startup also stated its World ID protocol was being integrated into other apps, which are taking advantage of its identification database. To ease its integration tasks, Auth0, a company that provides identity and authentication services for third parties, developed a “sign in with Worldcoin” integration plugin, allowing the protocol to be used in tens of thousands of applications using Auth0’s services.

Also, Talent Protocol, a Web3 developer social platform, recently announced that it included World ID as one of the various ways of getting verified. Talent Protocol’s Pedro Oliveria stated:

Human verification is a fundamental trust component for any builders community.

Worldcoin launched its World App in May, designed to serve as a wallet that supports the World ID protocol and get Worldcoin tokens, which the company intends to give as a sort of universal basic income (UBI) for verified users.

What do you think about the advances of the Worldcoin project? Tell us in the comment section below.

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory