Cointime

Download App
iOS & Android

Worldcoin: Global PoP Solutions Like World ID Can Unlock a New Generation of Products and Services

Worldcoin officials announced that they are building the world's largest human identity and financial network with the support of the global developer community. Using World ID, developers can prevent robot programs in a powerful way and allow users to show their verified personality proof. World ID and other global PoP solutions can unlock a new generation of products and services, including:

·Social networks. Robot protection, community review, content ownership; ·Voting. DAO governance, elections, online polls;

·Financial services. Mortgage loan shortage, card fraud, compliance;

·Customer incentives. Loyalty programs, coupons, referrals, free trials;

·Market. Reputation, fake reviews, fake transactions, prevention of scalpers; Money distribution. Social projects, development aid, disaster relief, non-profit aid, scholarships, cryptocurrency airdrops, universal basic income.

However, their success depends on a dynamic and diverse developer community that provides its scalability, usability, and practicality by building useful third-party applications.

Comments

All Comments

Recommended for you

  • ChatGPT suffered another major failure two weeks later

    On June 17th at 2:00 PM EST (June 18th at 2:00 AM Beijing Time), users reported a malfunction with OpenAI's ChatGPT on DownDetector. OpenAI quickly confirmed the issue with ChatGPT and updated their status bar at 2:39 PM, stating that they were investigating the high failure rate of ChatGPT. According to reports, mobile and web versions of ChatGPT in the US and the UK were intermittently unable to respond to user queries, either for several minutes or not at all, and displayed various errors (answers). As of 5:00 PM, OpenAI updated their status bar to indicate that all systems were operational, and DownDetector showed a decrease in error reports for OpenAI. ChatGPT 3.5 and ChatGPT 4o are able to generate answers that include images.
  • Ripple vs SEC: The Legal Battle that Shook the Crypto World

    The ongoing legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) has become a major talking point in the cryptocurrency world. This lawsuit, which began in 2020, could set a precedent for how digital assets are regulated in the future. Let’s dive into the details and understand what’s at stake.Think about how this can affect the regulations around coins in the future for a minute. How will the SEC look at the celebrity meme coin meta of today?
  • Volume 187: Digital Asset Fund Flows Weekly Report

    FOMC dot plot the likely cause of US$600m outflows
  • The History & Future of $MONEY

    Stablecoins have emerged as a foundational pillar within decentralized finance (DeFi), providing access to a fast, efficient, borderless, and stable way to transfer value on the internet. Among the plethora of decentralized stablecoin projects, one stands out for its innovative approach and groundbreaking advancements: $crvUSD.
  • Linea mainnet has bridged 652,800 ETH

    According to Dune data, the Linea mainnet has bridged 652,831 ETH with a total of 1,133,781 transactions and 515,818 interacting addresses.
  • Binance co-founder beseeches Elon Musk to address cryptocurrency scams on X

    According to Yi He, “a significant amount of money” was lost when X.com users were tricked by an impersonation scam.
  • ZK Nation: Airdrop collection will start on June 17, and we are preparing a more systematic way to handle feedback for the community

    ZK Nation stated that airdrop distribution is extremely challenging. Complex airdrop factories operate millions of robots whose behavior patterns are indistinguishable from humans. This renders traditional activity-based airdrops useless for establishing resilient and sustainable communities.
  • The digital collection platform that refuted the rumor and ran away was collectively complained, and the price of the collection dropped from 199 yuan to 9 yuan

    A screenshot of a digital collection platform called "extremely arrogant" by netizens announcing its "runaway" has been circulating online recently. The announcement is signed by the Shenlong Shucang operating team of the digital collection platform, which loudly declares, "We're running away! There's no feast that doesn't end. This feast is only left with a mess on the ground. Smart people have already eaten enough and left the table. But you don't want to leave and instead keep tapping your bowl with chopsticks. What you'll get is a huge bill for buying into this feast." Subsequently, Shenlong Shucang released a statement denying the rumor of the platform's runaway on its app. However, complaints about the platform's suspected fundraising and false advertising have been constantly emerging. Recently, several consumers revealed that Shenlong Shucang used the joint development of digital collections with the Xi'an Ming and Qing Shadow Puppet Art Museum as "endorsement," and earned nearly 3 million yuan in one day. But after attracting consumers to buy in, they changed the creators. Moreover, the digital collections purchased by consumers on the platform quickly plummeted in price within a few days. "I only realized after buying the collection that all the prices were falling. Some items had dropped from 199 yuan to 9 yuan," the consumer said.
  • Blast announces the final distribution details of "Gold Points"

    On June 13th, Blast announced the distribution details of the fifth "Blast Gold" allocation, which is the last allocation before the airdrop on June 26th.
  • Curve founder holds 111.87 million CRV collateral and $20.6 million in debt on 4 platforms

    According to Lookonchain monitoring, Curve founder Michael Egorov is being liquidated. Michael currently holds 111.87 million CRV (worth 33.87 million US dollars) collateral and 20.6 million US dollars in debt on four platforms. According to market data, CRV is currently trading at 0.2489 US dollars, down 30.8% in 24 hours.