Alisa Davidson
Published: October 21, 2024 at 4:26 am Updated: October 21, 2024 at 4:27 am
Ana
Edited and fact-checked:
October 21, 2024 at 4:26 am
In Brief
World is set to unveil the new Orb, Anonymized Multi-Party Computation (AMPC) for World ID 3.0, Deep Face, and the redesigned World App 3.0.
Co-founder of the biometric cryptocurrency project World, Alex Blania, announced on the social media platform X that the project is set to introduce a range of new features, including the latest version of Orb, Anonymized Multi-Party Computation (AMPC) for World ID 3.0, and Deep Face, along with a redesigned World App 3.0.
The announcement details that the new Orb comes with a fresh design and enhanced speed, making it more auditable. Additionally, it introduces new ways to expand access to more users. A notable highlight is that anyone can now purchase an Orb to become an operator within the ecosystem.
Meanwhile, World ID 3.0 and Anonymized Multi-Party Computation (AMPC) will enable a verifiable anonymous uniqueness check, which is integral to the new feature known as World ID Credentials. It will allow World ID holders to store information from their physical NFC-enabled passports directly within the World application. Users can then utilize their World ID to verify details such as age, nationality, and unique passport ownership without disclosing their true identity.
Additionally, the second new product, Deep Face, leverages the capabilities of Orbs to address the issue of deep fakes. By integrating Orb imaging, personal data custody, and facial authentication, Deep Face aims to ensure that users can verify they are communicating with real individuals, thereby combating the increasing prevalence of deep fakes in both real-time video and chat interactions. This feature can be utilized between World Apps or installed on computers, and it is compatible with popular video conferencing and chat applications. The beta version of World ID Deep Face is set to launch in the coming weeks.
World Launches World Chain Mainnet, Introduces Revamped World App 3.0
In addition, the World Chain has launched its mainnet, allowing World ID holders and World App users to transition to the blockchain. World Chain operates as an Ethereum-secured Layer 2 blockchain network linked to the project. Notable partners supporting the launch include Optimism, Alchemy, Uniswap, Safe, Dune, and Etherscan.
Furthermore, World App 3.0 has undergone a complete redesign to enhance its functionality, enabling users to create Mini applications for the existing World App user base.
Established by Tools for Humanity in 2023, Worldcoin aims to serve as a “privacy-preserving” solution for digital identity verification. The project utilizes iris-scanning technology to verify users’ identities, rewarding them with small amounts of WLD tokens in exchange. The World Network claims to have attracted over 10 million signups across 160 countries.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa Davidson
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Conclusion
World’s unveiling of the new features, including the Orb, AMPC, and Deep Face, signifies a significant advancement in the realm of digital identity and security. With the integration of cutting-edge technologies, such as biometrics and anonymized computation, World is taking steps towards enhancing user privacy and thwarting the spread of deep fakes.
The launch of the World Chain mainnet and the revamped World App 3.0 further solidify World’s commitment to blockchain technology and user-centric design. By providing a secure and efficient platform for users to interact and transact, World is paving the way for a more decentralized and accessible digital future.
As the world of cryptocurrency and decentralized finance continues to evolve, it is essential to stay informed about the latest developments and trends. For more trending news and articles on DeFi and other blockchain-related topics, visit DeFi Daily News.
Stay tuned for more updates and innovations from World as they continue to redefine the landscape of digital identity and finance.
