Worldcoin’s New Feature Announcement Captures Market Attention: WLD Token Gains Momentum!

• Worldcoin announced a new feature called ‘World ID 2.0’ in an announcement dated December 12.
• According to the announcement, new application integrations have been added, including existing ones such as Discord, Talent Protocol, and Okta’s Auth0.
• Worldcoin defended this practice by claiming to store only the proof of iris scanning and not the scan itself.

Worldcoin made a significant impact on the crypto world with today’s announcement: the introduction of the World ID 2.0 feature! Here are the details of the announcement!

Worldcoin Makes Highly Anticipated Announcement

Worldcoin, in an announcement dated December 12, unveiled a new World ID feature called ‘World ID 2.0’. The new version is integrated with platforms such as Shopify, Mercado Libre, Reddit, and Telegram, allowing users to prove their humanity on these platforms.

According to the announcement, the new application integrations have been added to the existing Discord, Talent Protocol, and Okta’s Auth0. The new version also allows application developers to choose different levels of identity verification ranging from ‘lite’ to ‘max.’

The purpose of these new levels, as stated in the announcement, is to “provide more ways to use World IDs based on the security needs of the application and ensure individuals do not share more information than necessary for a specific application’s needs or desires.” For instance, an application requiring high security may require users to have an orb-verified identity, while applications focused more on convenience may require the user’s ‘Device Identity’ World ID linked to their mobile phone.

No need for personal information

Worldcoin claimed that the new features would help reduce losses caused by bots but emphasized that users would not be required to provide their personal information to the applications they use. Quoting Worldcoin, it alleged that retailers are losing $100 billion annually due to “return fraud, bots, and coupon hoarding.”

Worldcoin was initially launched in July. Due to its controversial practice of creating a zero-knowledge proof by scanning the user’s iris, it has become a subject of debate and criticism, with critics arguing that it could lead to leaked biometric information. Worldcoin defended this practice by claiming to store only the proof of iris scanning and not the scan itself.