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Worldcoin rebranding, launching World Chain mainnet

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  • Worldcoin has rebranded itself as “World” and launched a number of new options to boost its World ID.
  • The mission additionally introduced the launch of its World Chain blockchain on the mainnet.

Worldcoin is now merely “the world” after the blockchain-based identification verification mission introduced its rebrand on October seventeenth.

World co-founders Sam Altman and Alex Blania introduced the title change throughout an organization occasion in San Francisco. Along with the rebranding, the mission revealed a number of updates aimed toward making the “proof of humanity” expertise out there to extra folks.

One of many key bulletins is the worldwide unveiling of a brand new model of the Orb biometric identification gadget. The corporate stated the next-generation Orb is powered by the most recent NVIDIA Jetson chipset and presents as much as 5 instances the AI ​​efficiency of the earlier model.

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World additionally launched World ID 3.0, a complicated model of World ID and designed to permit further authentication around the globe. World ID Credentials and Deep Face lengthen this capability, permitting customers with an NFC-enabled passport to confirm their identification via their units.

As detailed within the weblog publish, verified passport holders can declare native WLD cryptocurrency earlier than their ID is absolutely verified via Orb.

Launch of the World Chain mainnet

Additionally on October seventeenth, World Chain, the layer 2 chain that the World Basis introduced earlier within the yr, launched its mainnet. As of Thursday, October 17, 2024, roughly 15 million folks have migrated or are within the means of migrating to the World Chain.

World Chain is a blockchain community that may prioritize human exercise and transactions over robots and is launched with the help of a number of crypto platforms, together with Dune, Uniswap, Optimism, Alchemy, Protected and Etherscan.

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