The Worldcoin Foundation (the Foundation) announced on Monday that the Worldcoin project has completed its migration to the OP Mainnet, marking a crucial step forward in the project’s development.
Additionally, the Foundation unveiled its plans to expand Orb sign-ups for World ID across more than 35 cities in 20 countries worldwide.
To facilitate this expansion, they also released the World ID SDK, aiming to enhance the adoption of their privacy-preserving digital identity solution.
In tandem, the Foundation’s subsidiary, World Assets Ltd, minted and released the Worldcoin token (WLD) to the millions of eligible people who participated in the beta. WLD is now transactable on the blockchain.
Building on the Worldcoin network, Tools for Humanity (TFH), a technology company, introduced a new version of the World App, a protocol-compatible wallet that enables individuals to reserve their share of the WLD digital currency where laws permit.
“In the age of AI, the need for proof of personhood is no longer a topic of serious debate; instead, the critical question is whether or not the proof of personhood solutions we have can be privacy-first, decentralized, and maximally inclusive,” says Worldcoin project co-founder and TFH CEO, Alex Blania, speaking from Berlin, Germany.
“Through its unique technology, Worldcoin aims to provide anyone in the world, regardless of background, geography, or income, access to the growing digital and global economy in a privacy-preserving and decentralised way. These protocol-level aims align closely with ours for World App,” shares Blania.
The Worldcoin protocol, World ID, WLD tokens, and the World App are now globally available where laws allow.
Orb-verified World ID services are expected to roll out to more than 35 cities in the coming months.
More immediately, these services will be available for a limited time in the following cities: Dubai, Hong Kong, London, Los Angeles, Mexico City, Miami, New York, Paris, San Francisco, São Paulo, Seoul, Singapore, and Tokyo.
Tools for Humanity’s World App is available in the App Store and Google Play in more than 120 countries.
What is the Worldcoin protocol?
Founded by Sam Altman, Alex Blania and Max Novendstern, the Worldcoin protocol is intended to be the most inclusive identity and financial public utility and to be owned by everyone.
The protocol aims to empower individuals and organisations with the tools they need to participate in the digital economy and advance humanity’s progress.
The Worldcoin protocol currently consists of three key components:
- World ID: A privacy-preserving digital identity designed to help solve important, identity-based challenges, including proving an individual’s unique personhood
- Worldcoin Token (WLD): The first digital currency to be freely distributed to people just for being a unique human
- World App: The first World ID-compatible app, developed and operated by Tools for Humanity, that enables payment, purchases, and transfers globally using digital assets and fiat-backed stablecoins
“The aim of the Worldcoin Foundation is both philosophical and political: to realise more inclusive, fair, and just institutions of governance and of the global digital economy, including by helping achieve certain targets of U.N. Sustainable Development Goal 16 (namely, 16.4, 16.5, 16.6, 16.7 and 16.9). This aim is shared by those who contribute to or have regular contact with the Worldcoin projects,” says the Foundation’s Board of Directors.
