Worldcoin rebrands, launches World Chain mainnet

• Worldcoin has rebranded to ‘World’ and launched a number of new options to reinforce its World ID.
• The undertaking additionally introduced the mainnet launch of its blockchain World Chain.

Worldcoin is now merely “World” after the blockchain-based id verification undertaking introduced it’s rebranding on Oct. 17.

Sam Altman and Alex Blania, co-founders of World, introduced the title change throughout an organization occasion in San Francisco. In addition to the rebranding, the undertaking unveiled a number of updates geared toward bringing ‘proof-of-humanity’ expertise to extra folks.

One of many key bulletins is World’s unveiling of a brand new model of the biometric identification gadget the Orb. The corporate stated the next-gen Orb is powered by NVIDIA’s newest Jetson chipset and provides as a lot as fivefold the AI efficiency of the earlier model.

World has additionally launched World ID 3.0, a sophisticated model of World ID and designed to allow additional verification throughout the globe. The World ID Credentials and Deep Face options improve this capability, permitting these with NFC-enabled passports to confirm their id by way of their units.

The brand new World ID 3.0 options World ID Credentials, a means for much more folks to take part in & profit from World Community utilizing issues like an NFC-enabled passport. pic.twitter.com/sLGRCEzIiD

— World (@worldcoin) October 17, 2024

In response to particulars within the weblog put up, verified passport holders can declare the native cryptocurrency WLD even earlier than totally verifying their ID by way of the Orb.

World Chain mainnet launch

Oct. 17 additionally noticed World Chain, the layer-2 chain the World Basis introduced earlier within the yr, launch its mainnet. Roughly 15 million folks have migrated or are finishing the migration to World Chain as of Thursday, October 17, 2024.

World Chain is a blockchain community that may prioritise human exercise and transactions over bots and launched with assist from a number of crypto platforms, together with Dune, Uniswap, Optimism, Alchemy, Secure and Etherscan.