WorldCoin will partner with Visa, a major credit card company, to introduce cryptocurrency payment functionality. In addition, the company will apply "human proof" technology to online dating apps, and will also work on various other areas.
World, which changed its name from World Coin last year, is headed by Sam, CEO of the generative artificial intelligence (AI) company ChatGPT.
・It is a blockchain-based identity verification project created by Oltmann and Alex Brania, CEO of Tools for Humanity (TFH). TFH is a world
When the developer of the “Orb” device, which they have developed themselves, recognizes a user’s iris, it assigns them a personal identification code (World ID) and provides them with their own token, WLD.
On the 30th of last month (local time), CEO Oltman spoke at the "At
"I believe that in the age of AI, we absolutely need a way to identify and authenticate humans," he said at the "AI-centric Internet environment," adding, "Humans have a special existence.
"We must remain a part of it," he said. At the event, CEO Oltman and CEO Brania introduced the future plans for World ID and World App.
This is the second time the meeting has been held. CEO Branian said, "We have been looking for ways to solve the problem of AI bots and protect personal information, but recently we have also discussed the need to include financial networks."
"World will ultimately pursue a combination of 'human proof' and 'financial elements.'" 〇 "World Card" launched... Cryptocurrency payments at Visa member stores
At the event, World unveiled the "World Card," which allows users to purchase goods and services with cryptocurrencies.
The cryptocurrency that can be used for payment is World, which is supported by the World app.
These include WLD tokens and USDC coins. The World Card is directly linked to the World App, allowing users to exchange their crypto assets without a separate exchange process.
It can be used directly at Visa member stores around the world. Crypto assets are converted into fiat currency at the same time as payment, so member stores can receive payment even if they do not have any understanding of crypto assets.
This is faster than credit cards, which take several days to process payments. World cards are issued based on "World IDs." World IDs are issued by users through the blockchain.
It is a form of authentication that proves you are a "human". It is designed to distinguish between artificial intelligence (AI) and humans, and to ensure that only the actual user can use the card, not other people.
WorldCard will also provide users with WLD tokens when they use AI-related subscription services. These tokens will be automatically added to the wallet.
The World Card will be launched in the United States in the second half of this year, and World is considering expanding the service to other countries.
"The new system will allow users to use their World Card at Visa-affiliated stores," said Adrian Ludwick, TFH's chief information security officer (CISO).
"You can make payments with credit cards and Apple Pay through the mini app," he said. "Recently, we have partnered with Stripe, a U.S. fintech company, to create a financial app."
"We have signed a partnership with Stripe," he said, adding, "Soon you will be able to make payments directly through the World App on websites and apps that are linked to Stripe."
"Can I trust this person?" - Dating app "Tinder" introduces identity verification World is collaborating with online dating app platform Match Group to introduce digital
The company will also introduce a system to prove that users are human in the environment. Users of the dating app "Tinder" operated by Match Group will be able to use World ID to verify the identity of their partner, such as their age.
"When you log in to your World ID, the World app sends your authentication information to Tinder," said Match Group CEO Spancer Raskoff.
"Japanese Tinder users can verify their identity in one go with their World ID without having to go through a separate adult authentication process."
Users can use the blockchain to verify whether the other party is a real person and what kind of person they are.
Personal information registered in World ID is stored only on the device used by the user.
"Human identity verification technology is a perfect fit for improving reliability and stability in the dating field," said CEO Rascoff.
He called this a "perfect example," and predicted that "ultimately, the need for this technology will become even greater in the Internet world."
2025/05/02 12:49 KST
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