Worldcoin has officially rebranded itself as “World,” a change announced by co-founders Sam Altman and Alex Blania during a recent event in San Francisco on October 17.
This rebranding comes alongside exciting updates aimed at expanding their blockchain-based identity verification technology, which focuses on establishing ‘proof-of-humanity.’
A significant highlight of the event was the introduction of a new version of their biometric identification device, the Orb. This next-generation Orb is equipped with NVIDIA’s latest Jetson chipset, boasting up to five times the AI performance of its predecessor.
Additionally, World has rolled out World ID 3.0, an upgraded version designed to enhance global verification capabilities. This new system includes features like World ID Credentials and Deep Face, allowing users with NFC-enabled passports to authenticate their identities directly through their devices.
In a notable development, verified passport holders can now claim the native cryptocurrency, WLD, even before completing the full ID verification process with the Orb.
On the same day, World Chain, a layer-2 blockchain network announced earlier this year, launched its mainnet. As of October 17, around 15 million users have either migrated or are in the process of migrating to World Chain, which emphasizes human interactions and transactions over automated processes.
