Blockchain

Worldcoin launches advanced identity verification in Singapore

Worldcoin recently announced the launch of its World ID authentication service in Singapore. This is an important milestone in the expansion of the company’s identity verification technology. Utilizing Orb, a custom hardware device, participants can now easily identify their unique humanity. This launch is particularly noteworthy as it comes after Worldcoin scaled back its operations in India.​​​​​​

The introduction of World ID 2.0 and the open sourcing of Worldcoin’s iris recognition pipeline were instrumental in deploying World ID verification in Singapore. The World App used for these services has already reached 5 million users globally with over 30 million transactions. WorldCoin’s Orb, a helmet-shaped peripheral, is at the core of the identity verification process.​​​​.

Establishing a global presence despite regulatory issues

World Coin’s identity verification service is currently available in 11 countries, including the United States. However, the project faces regulatory challenges and privacy concerns in various jurisdictions. For example, Kenyan authorities suspended Worldcoin’s operations due to privacy concerns. The Identity Verification initiative launched in 2021, and by July 2023, more than 5 million people had created accounts using their identities. This corresponds to approximately 0.06% of the world’s population.

Worldcoin’s decision to pause offline Orb verification services in India was due to its inability to meet the surge in demand. The company has set up 18 offline Orb verification locations across India, attracting huge crowds. The number of Indian locations listed on the Worldcoin website began to decline, sparking speculation about a potential crackdown by Indian authorities. The suspension of services was described as a temporary measure to develop a more efficient, safe and orderly registration process for India’s high demand.​​​​​

Worldcoin’s operations are facing challenges not only in India but also globally. In July 2023, the French privacy watchdog questioned the legality of Worldcoin’s collection of Iris data. Likewise, the UK Information Commissioner’s Office announced further investigation into the project. Additionally, Kenyan authorities halted Worldcoin’s operations, with police raiding a warehouse in Nairobi and confiscating equipment.

Image source: Shutterstock

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