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In the following article, we gave a complete review of WorldCoin. The founder of ChatGPT created a project called WorldCoin. WorldCoin is a crypto project and its goal is to create a financial network for everyone as well as digital authentication. WorldCoin talks about the economy of all. To learn more about World Coin and its goals, stay with us on Pooyan Music site.
In fact, this project seeks to provide services to all people around the world, regardless of economic status and geographical limitations. This project is an open source protocol. It means that people and developers all over the world support it. This project is currently in beta phase.
WorldCoin uses an imaging device called Orb to perform authentication. Since each person’s iris is unique like their fingerprint, the image is stored as a hash on the second layer blockchain and the information is deleted from the Orb memory.
The first goal of this project is to launch a token that can be owned by humans. This means that you can receive tokens because you are a human.
This project pursues two goals, one of which is the equal and fair access of all people to the global economy, and the other is biometric authentication in a situation where the privacy of each person must be preserved.
In fact, this project can play a very important role in the online world through the digital identity of each person. In the online world, artificial intelligence is also growing widely.
What is WorldCoin and What is its purpose?
The most important action of this project is to confirm the identity of each person and reward him. Using the Orb hardware, the iris of the person is scanned to confirm that he is human. Each person’s iris has a different pattern and no two people have the same iris.
After the scanning operation, the result is converted into a string of digits or hash. If you have the hash, you cannot access the original input this way, and this increases security. This device sends the output hash along with the hash of the user’s public key to the WorldCoin servers and finally gives the user an ID, which is his global digital identifier.
This project was created on the Ethereum blockchain and uses layer one and two technologies to improve its efficiency. The World App wallet was created on the Polygon blockchain, but will soon be transferred to the Optimism network.
Zero knowledge mechanism is used in WorldCoin. That is, mathematically, the connection between the use of the global digital ID and the real identity of the user is not possible. In WorldCoin, the user is in control of personal information. In fact, it is possible to operate anonymously with the help of World App wallet and global digital ID.
