- Worldcoin launched digital ID hardware in Singapore, expanding its blockchain proof-of-personhood system.
- Hitting over 5 million app downloads caps a big year for Worldcoin’s ID and crypto offerings.
- Fast user growth highlights the demand for self-sovereign digital IDs via blockchain.
Worldcoin’s global expansion
Worldcoin’s system for verifying digital identity continues growing worldwide, with “Orb” hardware now launched in Singapore, enabling residents to obtain a blockchain-based “World ID.”
This expands Worldcoin’s proof-of-personhood services across Asia after a recent multi-city tour.
This month’s launches in Singapore and Spain follow earlier European rollouts in Germany, bringing the total number of countries offering World ID verification to over 35.
Worldcoin also hit major milestones on its identity-linked cryptocurrency app World App, which surpassed 5 million downloads and 1.7 monthly active users.
Major milestone
The expansions cap a milestone year for Worldcoin that saw the introduction of its ID system, software developer tools, and crypto wallet app alongside upgrades to its underlying blockchain infrastructure.
Staking identity to blockchain holds promise to expand financial access for unbanked individuals.
Worldcoin seems poised for further growth in 2023 as more unbanked individuals seek financial access and verified identity essential for personalized AI services.
Blockchain-powered identity systems
The accelerating user adoption demonstrates the increasing global demand for self-sovereign and interoperable digital ID systems.
As over 10 million people worldwide obtained World IDs in 2022, the project built significant momentum behind using blockchain technology to provide digital identity.
The accelerating user adoption demonstrates the increasing global demand for self-sovereign and interoperable digital ID systems.
