Blockchain technology is being leveraged to address intrusions into biometric data, with
Privado ID on the front line. New competition has been introduced against Apple's Face ID, led by Sam Altman-backed
Worldcoin. Meanwhile, the adoption of anonymous Bitcoin transactions without ID is on the rise.
Worldcoin's World ID offers a new twist that some find unsettling, but overall seems a promising idea. The
World ID has been seen as a counter to AI bots, with Worldcoin expanding its fight into additional countries.
This massive token unlock had some forecasting a potential
ID price crash. In response, Wormhole announced its intention to bring
World ID to Solana. To fight the bypassing of
KYC procedures and aid Chinese nationals abroad,
Zetrix is bringing digital ID verification into play.
Additionally,
Worldcoin is expanding its reach across Europe, starting with Austria; their
digital ID is generating considerable attention.
MicroStrategy, spearheaded by Michael Saylor, is seeking to introduce a Bitcoin-based decentralized ID solution. Worldcoin has also opened developer access to
World Chain for digital ID integrations.
The
European Commission has elected
Iota Web3 ID for its blockchain sandbox, while
Worldcoin continues to grow its user base. Interestingly,
Worldcoin unveiled a remarkable ability for users to
unverify their World ID as part of their data control efforts.
MicroStrategy Orange is spearheading a Bitcoin-based
Decentralized ID. In the midst of this,
Worldcoin is impressing the global market by initiating pilots for
World ID verification in Peru. Overall, it's safe to say that
ID Coin is poised for massive growth in the crypto space.
ID Coin News Analytics from Tue, 04 Sep 2018 12:25:58 GMT to Wed, 09 Oct 2024 21:50:29 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor 4
