1. BITBILIHome
  2. Article

Argentina embraces Worldcoin: 9,500 IDs verified in a single day

• 68 views

TL;DR Breakdown

  • Under Sam Altman’s leadership, Worldcoin has achieved remarkable popularity in Argentina.
  • In just one day, Argentina saw 9,500 citizens verify their World ID, setting a new record for Worldcoin.
  • Despite its success, Worldcoin faces investigations by AAIP concerning data management.

Description

Argentina has emerged as a global hotspot for crypto innovation, and Worldcoin is at the forefront of this revolution. Spearheaded by Sam Altman, the founder of ChatGPT, Worldcoin has made significant strides in the South American nation, with its popularity soaring to unprecedented heights. Last month, Worldcoin’s ambitious crypto project witnessed a surge in demand … Read more

Argentina has emerged as a global hotspot for crypto innovation, and Worldcoin is at the forefront of this revolution. Spearheaded by Sam Altman, the founder of ChatGPT, Worldcoin has made significant strides in the South American nation, with its popularity soaring to unprecedented heights.

Last month, Worldcoin’s ambitious crypto project witnessed a surge in demand in Argentina, with the country embracing the World ID – a global identity protocol powered by the Worldcoin ecosystem. This unique system uses a proof of personhood (PoP) credential facilitated by the Orb, a state-of-the-art biometric scanning device that verifies users by scanning their retinas. The beauty of World ID lies in its ability to digitally affirm a person’s uniqueness without delving into personal details like names, emails, or phone numbers.

August was a monumental month for Worldcoin in Argentina. The country, known for its technological prowess and crypto-forward mindset, saw a staggering 9,500 citizens verify their World ID daily. This achievement set a new record for Orb verifications, translating to a new user being onboarded every nine seconds.

Alex Blania, the co-founder of Worldcoin and the CEO of its parent company, Tools for Humanity, shared insights into the project’s success during his appearance at the Ethereum Argentina Mainnet Stage.

He emphasized Argentina’s deep understanding of crypto’s fundamental principles and lauded the nation as one of the most crypto-forward countries globally. Blania eloquently stated, “Argentina’s blend of technological advancement and crypto enthusiasm creates a fertile ground for groundbreaking innovations in the crypto realm.”

Worldcoin’s Orbs are currently operational in four major Argentine cities: Buenos Aires, Mar del Plata, Cordoba, and Mendoza. The project’s traction in Argentina is commendable, especially considering the ongoing scrutiny by The Agency for Access to Public Information (AAIP) regarding its data handling practices.

Yet, despite the challenges, Worldcoin continues to thrive. The project’s mission resonates with the global objective of providing access to the global economy to over 4 billion people, who currently lack a legal, digitally-verifiable identity.

Worldcoin’s journey in Argentina is just the beginning. As more nations recognize the potential of crypto and its transformative power, projects like Worldcoin will undoubtedly play a pivotal role in shaping the future of global finance.

At the time of this writing, Worldcoin is experiencing a downward trend in the market. WRL has recorded a price dip of 9.48% in the past 24 hours, currently trading at $1.19.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Argentina embraces Worldcoin: 9,500 IDs verified in a single day

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年8月31日 16:07
Next 2023年8月31日 20:03

Related articles

  • Binance to refer Dutch users to Coinmerce in exit from Netherlands

    TL;DR Breakdown Binance will exit the Dutch market on July 17, 2023, and refer its Dutch users to rival platform Coinmerce. Coinmerce, a registered crypto platform, will become the largest crypto platform in the Netherlands as it welcomes the referred Binance users, supervised by the central bank. The move comes after Binance failed to secure recognition as a virtual asset provider in the Netherlands. Description Binance will be exiting the Dutch market on July 17, 2023. As part of this exit plan, Binance has reached an agreement with Coinmerce, a registered crypto platform, to refer hundreds of thousands of Dutch users to their platform. This referral is set to make Coinmerce the largest crypto platform in the Netherlands in terms … Read more Binance will be exiting the Dutch market on July 17, 2023. As part of this exit plan, Binance has reached an agreement with Coinmerce, a registered crypto platform, to refer hundreds of thousands of Dutch users to their platform. This referral is set to make Coinmerce the largest crypto platform in the Netherlands in terms of products,…

    Article 2023年7月8日

  • Canadian economy expansion expected to slow down in Q2

    TL;DR Breakdown The second-quarter GDP report of Canada is poised to unveil a substantial deceleration in economic expansion. A deceleration in economic growth may temporarily lead the Bank of Canada to halt interest rate hikes. Description The Canadian second-quarter GDP report is poised to unveil a substantial deceleration in economic expansion as of upcoming Friday’s release, as outlined by economists’ forecasts. This abrupt shift in momentum could potentially impact the stance of the Bank of Canada regarding its interest rate elevation strategy despite recent inflation data displaying a consistent upward trajectory.  … Read more The Canadian second-quarter GDP report is poised to unveil a substantial deceleration in economic expansion as of upcoming Friday’s release, as outlined by economists’ forecasts. This abrupt shift in momentum could potentially impact the stance of the Bank of Canada regarding its interest rate elevation strategy despite recent inflation data displaying a consistent upward trajectory.  The projection suggests that the economy will have expanded at a rate of 1.1% during the second quarter, a noteworthy decline from the preceding quarter’s growth rate of 3.1% and falling…

    Article 2023年8月28日

  • Coinbase makes move to buy back junk bond

    TL;DR Breakdown Coinbase plans to repurchase up to $150 million of its 3.625% junk bonds maturing by 2031. The move comes as Bitcoin’s value approaches its 2023 peak. Investors can earn between $615-$645 per $1,000 principal in the buyback. Description In a bold financial move, Coinbase Global Inc., a leading force in the world of cryptocurrency, has signaled its intention to reclaim a chunk of its outstanding junk bonds. This maneuver comes as the cryptocurrency giant’s valuation teeters close to its annual zenith. A closer look at Coinbase’s offer Coinbase’s announcement indicated its willingness to … Read more In a bold financial move, Coinbase Global Inc., a leading force in the world of cryptocurrency, has signaled its intention to reclaim a chunk of its outstanding junk bonds. This maneuver comes as the cryptocurrency giant’s valuation teeters close to its annual zenith. A closer look at Coinbase’s offer Coinbase’s announcement indicated its willingness to repurchase up to $150 million of its 3.625% notes, which mature by October 2031. Those investors opting for the buyback stand to earn between $615 and $645…

    Article 2023年8月9日

  • U.S. banks lose over $1 billion – How’d that happen?

    TL;DR Breakdown U.S. banks spent over $1 billion on severance costs in H1 2023 due to overexpansion during COVID-19. Goldman Sachs, Morgan Stanley, and Citigroup were among the hardest hit, spending millions on staff reductions. Industry leaders are divided over whether more layoffs will be needed as the year progresses. Description A recent financial shock has rocked Wall Street as U.S. banks have tallied up over $1 billion in severance costs in the first half of 2023. This financial hit signals the high price of rectifying aggressive overexpansion during the COVID-19 pandemic. The billion-dollar payout Among the banking giants bearing the brunt of these costs are … Read more A recent financial shock has rocked Wall Street as U.S. banks have tallied up over $1 billion in severance costs in the first half of 2023. This financial hit signals the high price of rectifying aggressive overexpansion during the COVID-19 pandemic. The billion-dollar payout Among the banking giants bearing the brunt of these costs are Goldman Sachs, Morgan Stanley, and Citigroup. Goldman Sachs, which has felt the sting of a slowdown…

    Article 2023年7月21日

  • Elon Musk Backs Young Republican Presidential Hopeful with Pro-Crypto Views

    TL;DR Breakdown Elon Musk has publicly endorsed Vivek Ramaswamy, the youngest Republican presidential candidate, known for his progressive views on cryptocurrencies. While Ramaswamy’s pro-crypto stance is gaining traction, he faces legal challenges from former employees, adding uncertainty to his campaign. Description In a recent turn of events, Elon Musk, the visionary entrepreneur and CEO of Tesla, has publicly endorsed Vivek Ramaswamy, a rising star in the Republican presidential race. This endorsement came on the heels of Ramaswamy’s appearance on Tucker Carlson’s online show, which subsequently went viral on social media platforms. Contents hide 1 Ramaswamy: A … Read more In a recent turn of events, Elon Musk, the visionary entrepreneur and CEO of Tesla, has publicly endorsed Vivek Ramaswamy, a rising star in the Republican presidential race. This endorsement came on the heels of Ramaswamy’s appearance on Tucker Carlson’s online show, which subsequently went viral on social media platforms. Contents hide 1 Ramaswamy: A New Age Republican with a Pro-Crypto Vision 2 Ramaswamy’s Conservative Beliefs and Rising Popularity 3 Challenges on the Horizon 4 Conclusion Ramaswamy: A New Age Republican…

    Article 2023年8月20日
TOP