World Network: Worldcoin's Evolution Beyond Iris Scanning

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Sam Altman's crypto project rebrands and expands its identity verification methods, introducing new technologies and shifting focus to Asian markets.

Sam Altman's Worldcoin project, originally known for its iris-scanning technology, has undergone a significant transformation. Now rebranded as World Network, the initiative has broadened its scope beyond its initial vision, introducing new identity verification methods and technological advancements.

At a recent event in San Francisco, World Network unveiled an upgraded version of its signature Orb device. The new model boasts 5G connectivity and enhanced AI capabilities, powered by NVIDIA's latest Jetson chipset. This iteration offers five times the AI performance of its predecessor while simplifying its design with 30% fewer components. Addressing previous data privacy concerns, the device now includes a removable external SD card for easy data inspection.

In a move to accommodate users hesitant about biometric data collection, World Network has developed alternative verification methods. One such option allows users to scan NFC-enabled passports, verifying age and nationality without disclosing full identity details.

Responding to the growing threat of deepfakes and digital impersonation, the company is integrating its identity verification system into popular communication platforms like FaceTime, WhatsApp, and Zoom. Additionally, the World Network mobile app will soon support "mini apps" from third-party developers, expanding its functionality and user experience.

The project has also launched its World Chain mainnet, described as the "first blockchain designed specifically to prioritize human activity and transactions."

In a strategic shift, World Network is pivoting its focus from Europe to Asia. Fabian Bodensteiner, managing director of the project's European subsidiary, indicated that the company is now targeting markets where local entities are more receptive to new technologies.

This expansion and rebranding mark a significant evolution for the project, moving beyond its initial concept of iris scanning for identity verification to a more comprehensive global network.

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Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.