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⇑ Expansive Growth and Adoption of ID Coin Amidst Global Digital Verification Expansion

Expansive Growth and Adoption of ID Coin Amidst Global Digital Verification Expansion
Coinstats has entered a partnership with SPACE ID, a noticeable move as Web3 domain name usage surges. The collaboration is rumored to simplify cryptocurrency portfolio management. There is a surge in the Worldcoin (WLD) price, amid the expansion of global ID verification. Digital ID trials are currently testing anonymous KYC for mainland Chinese situated in Hong Kong. Sam Altman has rebranded his biometric ID project, Worldcoin, to World, as mainnet launches. The affordability of ZK-proofs over legacy ID systems has been stressed by the Cysic founder. In addition to this, Privado ID founder suggests blockchain fixes misuse of biometric data. Y – The New Digital Identity Network has been introduced. Worldcoin has spread across Europe with the digital ID launch in Austria. Buenos Aires has rolled out a blockchain-based ID for 3.6M residents. Wormhole has brought World ID to Solana and in a turn of events, MicroStrategy has announced the launch of Bitcoin-based decentralized ID solution. Decentralized ID is speculated to be the next ‘killer’ Web3 use case according to Cardano’s sustainability lead. Blockchain identity platform Fractal ID has suffered a data breach. Worldcoin has launched World ID Verification Service in Austria while World ID gets a bridge to Solana via Wormhole. Several AI researchers are pitted towards solving the bot problem, requiring ID to use the internet. There has been a considerable focus on what decentralized identity in blockchain implies. Malaysia has adopted Worldcoin for personal verification and digital ID. The integrate between Telefónica Tech and Polygon's Privado ID as a system integrator has taken place. In an update on blockchain ID project, Humanity Protocol has hit unicorn status with a $30M raise. Worldcoin’s digital identity services have gained substantial traction with several integrations and expansions across Singapore and Mexico. The increased usage of Worldcoin and ID-related coins suggest a greater acceptance and utility in various industries.

ID Coin News Analytics from Tue, 04 Sep 2018 12:25:58 GMT to Thu, 09 Jan 2025 04:23:30 GMT - Rating 8 - Innovation 7 - Information 8 - Rumor -4

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