Worldcoin recently expanded its reach to Singapore, marking a significant move. In a recent tweet on their Twitter account, Worldcoin announced that it will extend its verification of the World ID service to Singapore. Singapore has joined the list of countries using the Orb hardware for identity authentication. This expansion to Singapore followed the recent launch of World ID 2.0.
Although orb verification was ceased in Brazil, France, and India, a move to extend its reach to Singapore shows a sign of growing interest by individuals from different parts of the universe. This advancement marks a significant milestone for Worldcoin. Worldcoin has marked a steady increase in market presence; it has extended its World verification ID to parts of Asia, Europe, and South America.
In addition to Singapore, Worldcoin has extended its global reach to parts of Spain and Germany. In Spain, Sevilla and Bilbao have joined other cities like Madrid and Malaga. Additionally, Germany has added more cities like Leipzig and Cologne to its Orb locations, apart from Berlin and Nuremberg, marking locations all over Germany.
Moreover, Worldcoin has strengthened its relationship with the Singaporean tech community, and project contributor Tool for Humanity (TFH) has collaborated with two of the most influential tech associations: ACCESS and the Singapore Fintech Association (SFA). TFH recently concluded its tour to secure a strong partnership in Asia.
Worldcoin App Marks 5 Million Downloads and 30 Million Transactions
Worldcoin has reached a significant milestone by recording 5 million downloads and 30 million transactions. According to World App, the first World ID-compatible wallet, it achieved 5 million downloads; this marks a greater advancement since its introduction in the market. Additionally, TFH announced that the World App has made a debut transaction amounting to $30 million with over 1.5 million monthly users. The World App secured the 5th position in the most popular hot wallet.
However, the company suspended its offline Orb verification for its users in India, as reported by Moneycontrol. “Orb-verified proof of personhood services have been temporarily scaled back as the protocol works to develop and roll out a bespoke, safe, and orderly process that sufficiently meets the demand for World ID in India.”
Additionally, the market of Worldcoin has experienced a notable surge, it has briefly increased its price by 10% surpassing Both Ethereum and Bitcoin in the last 24 hours.