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↑ ID Coin Emerges as Game-Changer in Digital Identity Crypto Space

ID Coin Emerges as Game-Changer in Digital Identity Crypto Space
Telefónica has partnered with Privado ID to boost the adoption of digital identities across EU. There is wide speculation about SPACE ID and its price prediction from 2024-2030, highlighting its potential as a promising investment. Decentralized ID is emerging as the next 'killer' use case in the Web3 landscape, as suggested by Cardano's sustainability lead. Worldcoin's Biometric Digital ID System is seeing an extensive reach due to its new tech-oriented 'World Chain'.
Furthermore, Worldcoin's developer access to the 'World Chain' for digital ID integrations has opened and is becoming a boom in the tech industry. Meanwhile, World ID is being brought to Solana by Wormhole, and MicroStrategy plans to pitch for a Bitcoin-based Decentralized ID Solution called MicroStrategy Orange.
In a recent turn of events, Worldcoin has tightened privacy checks, enabling users to unverify their World IDs. Sam Altman’s Worldcoin value went up after the launch of OpenAI’s ‘Sora’ Video Tool. Meanwhile, Malaysia adopted Worldcoin for personal verification and digital ID, and the European Commission drew Iota's Web3 ID for blockchain sandbox.
Blockchain identity platform Fractal ID suffered a data breach. Crypto and blockchain platforms are innovating more ways for upgrading digital ID systems, as with Blockchain ID project Humanity Protocol hitting unicorn status with a $30M raise.
Both Worldcoin and MicroStrategy unveiled plans for Bitcoin-Based Decentralized Identity, using Ordinals and World ID 2.0, respectively, strengthening digital identity through applications. Sam Altman's Worldcoin is launching ID verification services in Austria with more than 10 million users and 70 million transactions.

ID Coin News Analytics from Tue, 04 Sep 2018 12:25:58 GMT to Tue, 10 Sep 2024 19:32:11 GMT - Rating 7 - Innovation 8 - Information 5 - Rumor 2

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