Worldcoin Expands World ID Verification Services to Singapore
Worldcoin has recently expanded its World ID verification services to Singapore through its Orb hardware device. This development comes after the successful launch of World ID 2.0 and the open-sourcing of the Worldcoin iris recognition pipeline in December.
Singapore Joins Global Trend of World ID Verification Network
Singapore’s inclusion in the World ID verification network is part of a broader global trend, as Worldcoin continues to expand its market presence across Asia, Europe, and South America. The project’s collaboration with startup and tech associations in Singapore, including Tools for Humanity (TFH), highlights its commitment to collaboration and credibility.
Discontinuation of Orb Verification Services in India, Brazil, and France
However, Worldcoin has decided to discontinue Orb verification services in India, Brazil, and France. This decision adds complexity to the evolving landscape of digital identity verification.
World App Milestones: 5 Million Downloads and 1.7 Million Monthly Active Users
The World ID-compatible wallet, World App, has achieved significant milestones with over 5 million downloads and 1.7 million monthly active users. These numbers position it as the fifth most popular hot wallet globally in 2023.
Hot Take: Worldcoin Expands World ID Verification Services to Singapore
Worldcoin’s expansion of its World ID verification services to Singapore through the Orb hardware device demonstrates its commitment to providing secure and reliable digital identity solutions. By broadening its market presence across different regions and collaborating with industry associations, Worldcoin aims to establish itself as a trusted player in the field of identity verification. However, the discontinuation of Orb verification services in India, Brazil, and France raises questions about the project’s strategic direction. Nevertheless, the success of the World App, with its impressive number of downloads and active users, solidifies Worldcoin’s position as a significant player in the hot wallet market.
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