This week saw the mainnet debut of Worldcoin and the introduction of the WLD token. When the initiative was launched, it quickly gained a lot of momentum. In fact, a queue of individuals has already formed to get the Worldcoin crypto digital ID of Open AI CEO’s eyes scanned. Recently, Altman tweeted,
Crazy queues worldwide on Day 3 of the Worldcoin launch. Now, one individual is validated every eight seconds.
Process of Biometric Verification
Developers can currently construct tools and applications that use the project’s identity system, World ID, using the Worldcoin software development kit. Users must utilize Orb to scan their irises in order to be properly validated, the business disclosed. Orb is a modified device that is producing a special identification. It does not, however, locally process or store any relevant data.
The community has expressed skepticism over the usage of biometric data, but the company claims that it uses AI to create distinctive codes to represent scans. Additionally, it complies with local laws and ordinances in every market where an Orb is present. There are now about 200 Orbs accessible. By the end of 2023, 1,500 Orbs will be produced, according to Tools for Humanity, the business that created Worldcoin. In addition, it wants to replace the pop-up feature with the ability to schedule appointments. Germany is where the Orbs are produced.
The company’s strategy states that verification will be accessible in 35 cities. However, the app is accessible in 120 nations. The Orbs had scanned more than 2 million persons, according to the company’s whitepaper. 19% of them were from Latin America, 17% were from Europe, and 64% came from Asia and Africa.