Worldcoin, co-founded by OpenAI CEO Sam Altman, has rebranded to 'World' and introduced a new version of its retina-scanning device, the Orb, during a keynote presentation. The updated device features 30% fewer parts and can perform AI operations five times faster, enhancing its ability to verify human identity.
Altman emphasized that the redesigned Orb allows for greater transparency, with a fully removable SD card for code auditing. This shift comes in response to privacy concerns and aims to combat the rise of bots online by providing 'proof of personhood' through biometric verification.
The project also launched World Chain, an Ethereum-secured Layer 2 blockchain, aiming to support a billion users. With 15 million users currently, World seeks to expand its reach significantly, introducing new capabilities in its World App, including a decentralized payment system and messaging tools.
These developments reflect World’s commitment to creating a secure and inclusive internet identity verification system, particularly as AI technologies become increasingly sophisticated.