Sam Altman's identification-authentication cryptocurrency,
WorldCoin is reportedly on the rise. The US Treasury is considering a
Digital ID Verification concept for DeFi which is met with contention.
Worldcoin rival,
Humanity Protocol, debuts its privacy-first
Mainnet worth $1.1B for identity transition from Web2 to Web3. Other digital ID related ventures, such as Divine Research and Space ID, are making strategic moves in the crypto market. Biometric ID project
Biometric Crypto ID Project World is also expanding globally, bringing biometric verification via
Visa Card Partnership and
Tinder Verification Pilot. Transaction security and user privacy are key concerns with the advent of these crypto projects. Provider
BILLIONS Network offers non-biometric digital ID as part of its offering. It should also be noted that platforms such as Coin Casino have introduced an instant crypto withdrawal system and pursued ID verification processes for US players. Meanwhile, CoinGecko's API is being utilised by top crypto wallets for feature enhancements. As these ID Coin-related endeavors proliferate, questions about privacy, innovation, and potential misuse of biometric data are brought to the fore.
ID Coin News Analytics from Sat, 21 Nov 2015 08:00:00 GMT to Mon, 08 Sep 2025 21:30:00 GMT -
Rating -2
- Innovation 8
- Information 6
- Rumor 4
