Worldcoin (WLD), now known as World, has unveiled a range of exciting new features, aiming to provide individuals with improved identity verification, financial infrastructure, and community engagement, according to co-founder Alex Blania. One of the standout innovations is the revamped design of the flagship product, the Orb. This updated version boasts enhanced speed and transparency, streamlining the identity verification process. Furthermore, World is making the Orb device available for purchase by anyone, allowing for wider global access.
Additionally, World has introduced a new product called Deep Face, which utilizes the capabilities of the Orb to target fraud prevention. Deep Face focuses specifically on detecting fake identities and image manipulation.
Another significant development is World ID 3.0, which offers unique anonymity controls through Anonymous Multi-Party Computation (AMPC). This technology enhances security by ensuring user privacy during the identity verification process. It also provides specialized identification support for government verifications, enabling safe confirmation of identities with government entities.
World App 3.0, the revamped user interface of the application, has also been introduced. With 15 million active users, the application now allows developers to create mini-applications for increased interaction.
In addition to these updates, World has launched a new layer, known as World Chain Mainnet, based on Ethereum. This network prioritizes verified human transactions to enhance scalability and expedite human-centered financial operations.
These advancements in identity verification, fraud detection, and financial infrastructure demonstrate World’s commitment to accessibility, privacy, and security. The introduction of new products and updates ensures that a wider audience can benefit from the network’s features. It is important to note that investing in cryptocurrencies carries high volatility and risk, and individuals should conduct thorough research before making any investment decisions.