Worldcoin Expands Identity Verification Service to Singapore Amidst Global Growth
Summary:
Worldcoin has started identity validation services in Singapore after a temporary slow down in India. At present, the service is available in 11 countries, including the U.S. The system started in 2021, with over two million pre-launch registrations, and now has over five million verified users. Worldcoin's founder, Sam Altman, was temporarily ousted from his role at OpenAI, leading to staff resignations and his reappointment 12 days later.
Worldcoin has initiated identity validation services for Singaporean inhabitants, following a temporary contraction in its activities in India. On December 27th, the company announced via a blog post that its iris-scanning orbs are now accessible for use at five select locations within Singapore. The announcement came shortly after a temporary suspension of this service for individuals residing in India, though Worldcoin assures that their services are "expanding steadily across the globe."
The Worldcoin portal reveals that their validation sites are now operational in 11 countries, with the US being among them. However, regulators in a number of jurisdictions like Kenya have imposed suspensions on the project due to concerns related to privacy.
Worldcoin's introduction of identity validation took off in 2021, and prior to the official inauguration in July 2023, over two million people had registered. As per Worldcoin's data, there are now in excess of five million account holders who have validated their identities – this approximates to about 0.06% of the entire global populace.
The brainchild of Worldcoin, Sam Altman - also a co-founder and CEO of OpenAI - was momentarily compelled to give up his role at the artificial intelligence research firm in November. Altman's sudden departure was met with resignations by his fellow staff at OpenAI, prompting his reinstatement 12 days thereafter.
Published At
12/28/2023 12:34:09 AM
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