- Worldcoin has rebranded to ‘Global’ and presented a number of new options to beef up its Global ID.
- The mission additionally introduced the mainnet release of its blockchain Global Chain.
Worldcoin is now merely “Global” after the blockchain-based id verification mission introduced it’s rebranding on Oct. 17.
Sam Altman and Alex Blania, co-founders of Global, introduced the identify trade throughout an organization tournament in San Francisco. In addition to the rebranding, the mission unveiled a number of updates aimed toward bringing ‘proof-of-humanity’ era to extra folks.
One of the crucial key bulletins is Global’s unveiling of a brand new model of the biometric identity tool the Orb. The corporate stated the next-gen Orb is powered via NVIDIA’s newest Jetson chipset and provides up to fivefold the AI efficiency of the former model.
Global has additionally presented Global ID 3.0, a sophisticated model of Global ID and designed to allow additional verification around the globe. The Global ID Credentials and Deep Face options beef up this capability, permitting the ones with NFC-enabled passports to make sure their id by way of their units.
The brand new Global ID 3.0 options Global ID Credentials, some way for much more folks to take part in & have the benefit of Global Community the use of such things as an NFC-enabled passport. percent.twitter.com/sLGRCEzIiD
— Global (@worldcoin) October 17, 2024
Consistent with main points within the weblog submit, verified passport holders can declare the local cryptocurrency WLD even prior to totally verifying their ID by way of the Orb.
Global Chain mainnet release
Oct. 17 additionally noticed Global Chain, the layer-2 chain the Global Basis introduced previous within the yr, release its mainnet. Roughly 15 million folks have migrated or are finishing the migration to Global Chain as of Thursday, October 17, 2024.
Global Chain is a blockchain community that can prioritise human task and transactions over bots and introduced with make stronger from a number of crypto platforms, together with Dune, Uniswap, Optimism, Alchemy, Secure and Etherscan.