JAKARTA - Worldcoin, a new crypto project founded by OpenAS founder Sam Altman aimed at building digital currencies and global identity systems, has reached an important milestone by successfully obtaining more than 2 million users for its global identity protocol, World ID.
After reaching a 1 million registration milestone in January, the project recorded the achievement of 2 million registrations in a faster time, showing strong interest from global users.
World ID, one of the main features of the Worldcoin project, provides secure and private digital passports to users stored on their smartphones. This protocol uses eye-slice scanning to produce a unique identification called IrisHash, enabling trusted identity verification using blockchain technology.
The success of the Worldcoin project has had a significant impact in solving the problem of lack of legal identity for most of the world's population. According to McKinsey Global Institute, more than 4.4 billion people worldwide do not have digitally verifiable legal identity or legal identity. This is a major obstacle in accessing financial services.
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The achievement of the 2 million registration milestone was achieved in less than half the time it took to reach the first million registrations. In the six months since the announcement of the 1 million registration milestone, Worldcoin managed to attract more than 2 million users to register for World ID.
This success is supported by global tours of this project being held in various cities around the world, including Barcelona, New York, Tokyo, Seoul, Buenos Aires, and Berlin. The tour generates an average of 40,000 individual registrations each week.
The increase in the number of users has also led to an increase in demand for the Orb device, which is used for scanning eye slices and data taking. In the coming months, Worldcoin plans to meet the increasing demand by providing more Orbs to users.
In addition, various applications and services have also recognized the value of the World ID program, opening up opportunities for Worldcoin to expand their user base and expand its reach.
For individuals who want to sign up for the World ID program and get a digital passport, they need to get a IrisHash, a unique identifier who asserts their uniqueness. After uploading their biometric information, the participants will get WorldCoin, the cryptocurrency of the Worldcoin project, in honor of their involvement and contribution.
By reaching the milestone of 2 million registrations for World ID, Worldcoin has proven that reliable and easily accessible digital identity is what many users around the world want. This success paved the way for a more inclusive and connected future in the crypto industry.
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