ID Coin, a significant player in the digital identity sector, is witnessing growing partnerships and expansions. In collaboration with
Wormhole, World ID, a feature of Worldcoin, is being brought to
Solana. This partnership signifies a massive stride towards decentralizing identity on the blockchain.
Worldcoin (WLD) price surge is reportedly linked to the global expansion of ID verification services. New anti-money laundering rules in Turkey have set a $425 threshold for Crypto User ID, a move expected to influence ID Coin's utility and value. Pi Coin's ID verification system has come under scrutiny, suspected of being a scam to collect identity data.
Zetrix has begun offering digital ID verification for Chinese nationals abroad, while
Buenos Aires has implemented a blockchain-based ID for its residents. Achieving a dramatic breakthrough, Ethereum's ENS Identity System is set to launch its layer-2 blockchain, potentially affecting ID Coin's relative innovation and appeal.
Worldcoin is also making its eye-scanning identity platform's larger expansion, simultaneously rebranding itself as 'World' and unveiling its next generation
Orb. Amid these developments, the
European Commission has selected Iota Web3 ID for its blockchain sandbox, potentially signifying a shift in the market dynamics around digital identity.
ID Coin News Analytics from Tue, 04 Sep 2018 12:25:58 GMT to Fri, 28 Feb 2025 20:33:17 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -5
