↑ ID Coin: Revolutionizing Identity Verification Amidst Privacy Concerns
Identity-based Cryptocurrency Market Analysis: A recent surge of interest and investment has been seen in the field of identity-based...
In a concentrated look at the cryptocurrency industry, several key stories have emerged. Sam Altman's project, World Network, and gaming company Razer are aligning their efforts to address the issue of bots interfering with gaming experiences, a problem that's been persistent in the online gaming world. Meanwhile, in Turkey, the government has set a new $425 threshold for cryptocurrency users' identification under fresh anti-money laundering rules.
Among cryptocurrencies, Worldcoin has been gaining momentum, with its price surging 28% amid a global identification verification expansion. Viral 'memecoin', Harry Bolz, was also released by Elon Musk. Solana blockchain received an upgrade from World ID thanks to integration via Wormhole.
In the realm of digital ID, Worldcoin recently got a rebrand to 'World' as it launched its mainnet, while a competitor, Billions Network, unveiled a non-biometric digital ID. Furthermore, Buenos Aires has introduced a blockchain-based ID for its millions of residents.
Other pivotal reports include the collaboration between SPACE ID and CoinStats for smooth crypto portfolio management. Zetrix, a firm specialising in digital ID verification is offering its services to Chinese nationals abroad. In the same line, Malaysia adopted Worldcoin for personal verification and digital ID.
Lastly, Telefónica Tech have joined forces with Polygon's Privado ID as system integrators. The European Commission selected Iota Web3 ID for blockchain sandbox, and Worldcoin tightened privacy checks, giving users the ability to unverify World ID.
ID Coin News Analytics from Mon, 20 Jun 2022 07:00:00 GMT to Mon, 17 Mar 2025 07:00:00 GMT - Rating 0 - Innovation 5 - Information 6 - Rumor 2