Worldcoin, the digital identification revolutionizer, has made its way to Peru, specifically the city of Lima. This expansion demonstrates Worldcoin’s determination to expand its influence worldwide. With the support of Worldcoin’s essential Orb verification, the World ID verification program has seen significant progress in Argentina and Singapore, and now it aims to revolutionize digital identification in Peru. Despite a decline in the price of Worldcoin’s native token, WLD, it remains well-positioned to benefit from this growth, attracting considerable investor interest.
The World ID Verification system is a contemporary, open-source, and permissionless digital identification system that allows users to confirm their identity online while protecting their privacy. The primary tool for verification is the Orb, developed by Worldcoin. This device scans a user’s irises to generate an iris code, which is then used to create a separate digital identity.
Now, in the Peruvian city of Lima, World ID orb verifications are accessible to anyone over the age of 18 who wishes to prove their humanity. This platform has gained significant attention in Peru, with more than 800 participants, accounting for 90% of the total, expressing the need for technological solutions to distinguish between humans and internet bots. Additionally, 84% of respondents emphasized the importance of prioritizing methods that differentiate robots from people in future solutions.
Worldcoin has seized this opportunity and launched a countrywide movement with its World ID verification. In Argentina, almost half a million World ID verifications were registered as part of the development efforts.
In other crypto news today, there is a focus on tracking the parallel market movements and future potential of Shiba Inu and Bitcoin.