Worldcoin, a cryptocurrency and digital identification project has seen more than two million users sign up to its “global identity protocol” dubbed World ID.
According to a July 13 statement, the World ID project — which is still in beta testing— passed two million in less than half the time it took to reach the first million.
2 million strong Thank you to everyone who helped Worldcoin reach this milestone. The timing couldn't be more appropriate.https://t.co/dXNpb6h2hr
In a nutshell, World ID aims to offer a “global digital passport” that users can store on their phones to prove their identity, while using zero-knowledge (ZK) proofs to protect their privacy.
To sign up to the World ID program and receive a “digital passport”, individuals must visit an orb to scan one of their eyeballs. This creates a unique “IrisHash,” that is used to verify their uniqueness. Users who successfully upload their sensitive biometric data are paid for their efforts in a self-titled cryptocurrency known as Worldcoin.
1/ Proof of personhood addresses two of the key considerations presented by the Age of AI:✅ Protecting against sybil attacks✅ Minimizing the spread of AI-generated misinformation
Worldcoin credited its sign-up rush to a recent multi-city tour that spanned across Barcelona, Berlin and Tokyo. The tour averaged 40,000 new verified World ID members every week, it said.
Worldcoin anticipates that these five-pound, chrome eye-scanning devices known as “Orbs” will become increasingly available worldwide over the next several months, due to an uptick in demand.
It also noted that other protocols including Okta’s Auth0 and Talent Protocol, have begun to use World ID and Worldcoin in their respective onboarding procedures.
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