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Reading: 15 Million Users and Growing! Popular Altcoin Takes Major Steps Forward!
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Deythere > News > News > 15 Million Users and Growing! Popular Altcoin Takes Major Steps Forward!
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15 Million Users and Growing! Popular Altcoin Takes Major Steps Forward!

Worldcoin World and its new features focusing on global identity verification privacy and financial inf
Thalia Galanis
Last updated: October 21, 2024 12:12 pm
By
Thalia Galanis
Published October 21, 2024
3 Min Read
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Worldcoin (WLD), now rebranded as World, has introduced a host of new features to its platform, according to co-founder Alex Blania. These innovations aim to provide users with identity, financial infrastructure, and community, bringing the platform closer to its goal of offering a more accessible global identity verification system.

Contents
Faster and More Transparent Orb DesignWorld ID 3.0 and Anonymous Identity VerificationAdvancing Identity and Financial Infrastructure

Faster and More Transparent Orb Design

One of the standout announcements from Blania is the redesigned Orb, World’s flagship product. This new version is faster and more transparent, streamlining the identity verification process. Blania also revealed that anyone can now purchase an Orb device and become an operator, expanding the device’s reach worldwide.

In addition, a new product called Deep Face was introduced, focusing on combating fraud. Deep Face will help detect fake identities and image manipulation, enhancing security across the platform.

Worldcoin World with visual elements representing global identity verification blockchain and advanced technology

World ID 3.0 and Anonymous Identity Verification

Another major update is World ID 3.0, which offers a unique anonymity layer through Anonymous Multi-Party Computation (AMPC). This technology enhances privacy during the verification process while ensuring higher levels of security. World also introduced support for government identity verifications, allowing users to safely authenticate their identities with government agencies.

The World App 3.0 has undergone a complete redesign, offering a refreshed user interface to its 15 million active users. Additionally, developers can now create mini-apps within the platform to boost engagement.

Blania further announced the launch of a new Ethereum-based layer called World Chain Mainnet, prioritizing verified human transactions to enhance scalability. This system is designed to accelerate human-centric financial transactions.

Advancing Identity and Financial Infrastructure

World has taken significant steps in identity verification, fraud detection, and financial infrastructure. With new products and updates, the platform is becoming more accessible to a broader audience while maintaining user privacy and security at the forefront.

As reported by Dey There, World’s latest advancements show its commitment to improving the identity and financial systems on a global scale. With Orb, World ID 3.0, and World Chain, the platform is well-positioned for future growth.

Worldcoin, World ID, Orb, World Chain, privacy, identity verification

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