HomeCryptoCrypto news: Worldcoin, founded by the creator of OpenAI, surpasses 2 million...

Crypto news: Worldcoin, founded by the creator of OpenAI, surpasses 2 million World ID man registrations

Important news from Worldcoin, the crypto project founded by the creator of OpenAI himself, which recently surpassed 2 million World ID man registrations. 

Below are all the details. 

Another success story from the creator of OpenAI: all the crypto news about Worldcoin

The Worldcoin community is working to create a more humane economic system, with World ID at the center of this mission. World ID is a global identity protocol powered by the Worldcoin ecosystem that allows people to demonstrate their uniqueness and humanity digitally while protecting privacy.

As anticipated, recently, the project reached a new milestone, surpassing 2 million World ID registrations during the beta phase, taking less time than reaching the first million.

The chosen registrations from all over the world, including a variety of cities, such as Barcelona, Berlin, Buenos Aires, New York, Seoul, and Tokyo, in which the first Orbs were recently implemented. 

Orbs are biometric imaging devices created for Worldcoin and available as part of the project’s global tour. Every week, more than 40,000 people register for a verified World ID.

To reach this milestone, as Worldcoin itself points out, there has been collaboration from manufacturers, integration and modularity partners, down to the people who verify their World IDs daily: 

“Surpassing 2 million World ID memberships is more than just an achievement for the Worldcoin community – it represents a significant milestone in global efforts to make digitally verifiable identity more accessible to all.”

How to overcome barriers related to financial services access?

According to a McKinsey Global Institute report on Digital Identities we see a key to inclusive growth emerging in this news. More than 4.4 billion people worldwide either do not have a legal identity or have an identity that cannot be digitally verified. 

This represents a major barrier in accessing financial services. In fact, to meet the growing demand for verified World IDs, the availability of Orbs will increase considerably in the coming months. 

More details on when and where the new Orbs will be available will be announced soon. In addition, as more and more people sign up, an increasing number of apps and services are adopting the World ID protocol.

Recently, Auth0 from Okta, a global authentication and authorization platform, made “Sign in with Worldcoin” available for tens of thousands of online services that use Auth0 to authenticate users. 

Not only that, Talent Protocol also became the first web3 platform in Europe to integrate World ID.

Spain: the largest market for Worldcoin

Worldcoin, the crypto project led by OpenAI CEO Sam Altman, recently announced that more than 150,000 people in Spain have registered for World ID. 

This exceptional milestone makes Spain the fastest growing market in Europe for the Worldcoin project, following its launch in Madrid more than a year ago.

On 9 July, Worldcoin shared the news on Twitter, with more than 20,000 new users added each month. In addition, World ID adoption in neighboring Portugal has exceeded 1% of the total population. 

Worldcoin has reportedly expanded access to World ID throughout Spain, making it the largest operating market. This rapid growth follows the significant development of the Artificial Intelligence (AI) sector in the country. 

Indeed, Spain has positioned itself as a major hub for AI in the European Union, which is expected to be the main driver of the increase in World ID usage. 

Against a backdrop of significant progress, the need has emerged to verify human-related online activities in Spain, and Worldcoin’s World ID is proving to be the ideal solution to meet these needs.

Since it was launched in Madrid, World ID has registered more than 150,000 entries in the past year. On top of that, 20,000 people are registering for World ID every month since the expansion. 

It is also important to note that Barcelona has been included in Worldcoin’s rollout, ensuring coverage throughout the country to support the growing interest in the project.

Alessia Pannone
Alessia Pannone
Graduated in communication sciences, currently student of the master's degree course in publishing and writing. Writer of articles from an SEO perspective, with care for indexing in search engines.