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Home News Crypto

World Launches World ID Passport Credential Pilot to Expand Accessibility

29 November 2024
in Crypto, News
Reading Time: 3 mins read
107 2
source: crypto-economy.com

source: crypto-economy.com

Blockchain-based ID project World, formerly known as Worldcoin, has launched a pilot program for its World ID Passport Credential, a feature aimed at improving accessibility to the World Network and its native token, WLD.

The new World ID Passport Credential is here, with access to additional WLD tokens.https://t.co/aD8utAGAQs

— World (@worldcoin) November 28, 2024

The pilot, announced on November 29, is live in Chile, Colombia, Malaysia, and South Korea, allowing individuals to link NFC-enabled passports to their World ID without requiring the traditional in-person Orb scan. This feature was first introduced at the “A New World” event in San Francisco a month ago.

To ensure privacy and security, the feature stores all personal data directly on the user’s device without sharing it with the World Foundation, TFH, or any third party. Using the anonymizing infrastructure of the World ID protocol, users can privately verify details such as age and nationality online while maintaining full anonymity.

The World ID Passport Credential offers several benefits, including expanding access to the World Network for up to 1.2 billion passport holders, especially those who are far from Orb verification centres. It also allows users to verify identity traits beyond humanness and claim additional WLD tokens, regardless of whether they have completed Orb verification. 

Currently, individuals verifying via the Orb can claim around 51.65 WLD, but the credential pilot allows users with NFC-enabled passports to claim even more, increasing global token distribution. The total amount of claimable tokens is designed to decrease over time.

The pilot is initially available on iOS and will expand to Android devices and additional regions in the near future.

In another development, Fabian Bodensteiner, managing director of Worldcoin’s European subsidiary, revealed that the project is refocusing its efforts from Europe to Asia. He highlighted the stronger business potential in Asia, stating that the company now sees greater dynamics and receptiveness to technological innovation in this region.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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