30s Summary

Blockchain-based identity verification company, previously known as Worldcoin, has rebranded to “World”. The company’s founder Sam Altman announced new technology including an upgraded version of their biometrics scanning Orb and new methods for verifying identities. They’ve collaborated with apps like FaceTime, WhatsApp, and Zoom, and offered a new service, called World ID Deep Face, that can detect deepfake videos. The company has 15 million users on its World app, with seven million of them being verified.

Full Article

The blockchain-based identity verification company previously known as Worldcoin has changed its name to just “World”. The company’s founder, Sam Altman, mentioned this change while giving a keynote speech on October 17.

Not just a name change, World also showed off a bunch of new stuff. They’ve got a new version of their Orb scanning devices that check biometrics, new ways to verify identities, and team-ups with well-known apps like FaceTime, WhatsApp, and Zoom.

All of this went down live on YouTube on October 17, and they made it official on their social media as soon as the announcement happened.

At this event, World talked about a new edition of the Orb, a biometric gadget they use to scan people’s eyes. The revamped Orb, bolstered by Nvidia tech, promises to be more efficient and five times stronger than the old one, despite being smaller and having fewer parts.

They also said these new Orbs might pop up in self-service kiosks in select places.

World also shared that users will soon have other ways to check their identity, not just via Orb hardware. With something called World ID Credentials, people with NFC-enabled passports from the government can now confirm their identity on the World app.

There was also buzz about another new feature: the World ID Deep Face. This service claims to have outsmarted deepfakes. They say their software can be added to nearly any app that supports video upload or streaming. It then checks if videos with verified people in them are real or if they’ve been tricked out using AI.

To top it off, the company said that they’ve got about 15 million users on their World app, seven million of which have been verified.

Source: Cointelegraph