Worldcoin has rebranded as World, alongside the launch of its Ethereum layer-2 community World Chain, and unveiled a number of key developments.
Throughout its Keynote deal with on Oct. 17, Worldcoin founder Sam Altman introduced the rebranding alongside upgrades for its iris-scanning Orb units. The corporate has already rebranded to “World,” and the change is now seen throughout its social media platforms and web site.
In the meantime, the brand new Orb units are getting an improve with Nvidia {hardware}, making it as much as 5 instances extra highly effective than earlier than, all whereas shrinking by way of its carbon footprint and needing fewer elements.
The brand new Orbs will quickly pop up in self-service kiosks, although they’ll initially be obtainable solely in choose markets, the corporate added. That is anticipated to speed up the deployment of proof of human verifications throughout the globe.
World can be increasing its identification verification past the Orbs, and customers would be capable of confirm their identification by way of different avenues, together with a program referred to as World ID Credentials. This permits customers to confirm themselves utilizing NFC-enabled government-issued passports, including additional flexibility to the method.
The corporate additionally launched World App 3.0, bringing new options to the platform. One of many standout additions is the World ID Deep Face function, which the corporate claims can detect and block deepfakes. This software is designed to make sure the authenticity of video content material, providing customers enhanced safety in an period of accelerating AI-generated media.
Alongside these improvements, World introduced integrations with widespread apps similar to WhatsApp, FaceTime, and Zoom, making it simpler for customers to confirm their identification and entry World’s companies inside platforms they already use.
World Chain mainnet launch
The extremely anticipated Ethereum layer 2 community, first introduced in April, additionally went dwell following the keynote occasion. World Chain is anticipated to reinforce effectivity and convey new performance to customers by integrating World ID, World App, and the Worldcoin cryptocurrency (WLD).
The community will prioritize onboarding verified human customers over bots, giving them entry to dam area and providing an allowance of free fuel to additional incentivize participation.
The brand new blockchain already performs host to a few of the high initiatives within the business like Uniswap, Optimism, Alchemy, and Dune amongst others.
WLD worth tanks
Regardless of robust efficiency in latest weeks, the value of WLD didn’t react to the most recent bulletins, slipping 1.4% to $2.20 on the time of writing. Nonetheless, the token stays up 28.4% over the previous week and has gained over 47% prior to now month.