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Worldcoin Surpasses 2 Million Registered Users, Expands Accessibility of Digital Identity

Taylor Aven by Taylor Aven
July 23, 2023
in Crypto
Reading Time: 2 mins read
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Worldcoin the project that is founded by ChatGPT creator Sam Altman has announced a significant milestone . It now has over 2 million registered users. Through its World ID system the site has about 40,000 new registrations weekly on average. Orbs is a unique iris scanning technique that is used in this protocol to identify users . Each user gets 25 WLD tokens as a reward for completing this verification process.

Meeting Increased Demand

The Worldcoin creators have revealed goals to increase Orb supply in the upcoming months in order to meet the soaring demand . This expansion shows Worldcoin’s dedication to satisfying customer demands by ensuring a flawless user experience and accommodating the increasing number of registrants.

Worldcoin’s Commitment to Accessibility

Sam Altman expressed his pleasure with the achievement and stated that:

“Two million registered users in World ID is more than just an achievement for the Worldcoin community. This is the result of our efforts to make digital identity more accessible to everyone”

The project aims to provide individuals with easier access to secure and reliable digital identification.

Worldcoin-Surpasses-2-Million-Registered-Users-Expands-Accessibility-of-Digital-Identity-

Spain as the Largest European Market

Due to Worldcoin’s success there Spain has grown to be the Europe’s largest operating market. Since being unveiled in Madrid a little more than a year ago the Worldcoin app has been downloaded by more than 150,000 users . The platform’s user friendly design and accessibility have received favorable feedback from Spanish speaking users.

Challenges and Innovative Solutions

According to some sources people from China who were unable to register on the Worldcoin cryptocurrency project turned to buying biometric data from third parties in Africa in May 2023 . The desire to earn incentives following the project’s debut motivated this activity . The incident shows the intense interest in and enthusiasm for Worldcoin as people looked for alternative ways to take part.

As Worldcoin surpasses the remarkable milestone of 2 million registered users the project stands as a proof to the commitment of its creators in making digital identity accessible to everyone. The utilization of iris scanning technology through the Orbs device ensures secure and reliable user identification . The expansion of Orbs availability will further support the increasing demand from users.

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Taylor Aven

Taylor Aven

Hello there, my name is Taylor and I'm a fintech senior living in France. I'm passionate about all things related to finance and technology, especially the exciting world of crypto. As a writer covering the fintech industry, I'm dedicated to keeping my readers informed about the latest developments and trends. I believe that crypto and blockchain technology have the potential to revolutionize the way we conduct transactions and interact with financial systems, and I'm committed to bringing this information to my readers in a clear and accessible way. When I'm not writing about finance and tech, I enjoy a variety of hobbies and interests. I'm a big fan of traveling and love to explore new places and cultures. My website; https://tayloraventech.blogspot.com/

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