Worldcoin (WLD): Bringing Digital Assets to the Masses
Artificial intelligence (AI) has evolved significantly in recent years, reaching a level where differentiating between it and humans based solely upon online interactions is increasingly challenging. Modern AI has already created numerous problems for humans, for example in manipulating elections and the capacity to impersonate real people and others. The ability to determine the humanness and authenticity of content has far-reaching consequences for individuals, businesses and societies. Worldcoin plans to address this problem through a three-pronged approach — World ID, World App and Worldcoin token (WLD).
Key Takeaways:
- Worldcoin aims to bring digital currency to the masses by creating a decentralized identity protocol, World ID, which verifies humanness and individuality without storing personal data.
- Worldcoin utilizes the Orb, a biometric technology that captures an individual's iris image and converts it into a unique numeric sequence, ensuring privacy and singularity while confirming humanness.
- The World App serves as a wallet, facilitating the adoption of cryptocurrencies and allowing users to buy, trade and transfer digital assets freely while maintaining a private digital identity.
- Bybit is excited to announce the listing of Worldcoin (WLD) on our trading platforms. To celebrate the listing, Bybit is holding five exclusive events in which users can earn from a 165,000 USDT total prize pool.
What Is Worldcoin?
The Worldcoin blockchain project’s ambitious vision is to create the largest identity and financial public utility to give universal access to the global economy.