By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > Markets > Crypto > Worldcoin Debuts Integrations With Minecraft, Reddit and Telegram
Crypto

Worldcoin Debuts Integrations With Minecraft, Reddit and Telegram

News Room
Last updated: 2023/12/13 at 1:51 PM
By News Room
Share
3 Min Read
SHARE
Source: Pixabay

Worldcoin has introduced an updated version of its World ID feature, known as “World ID 2.0.”

In a press release published Tuesday, Worldcoin announced that its new version would be integrated with Minecraft, Shopify, Mercado Libre, Reddit and Telegram, allowing users to authenticate themselves on the platforms.

Worldcoin is an iris biometric cryptocurrency project that was founded by Sam Altman in 2019. According to its website, the company employs iris biometrics to authenticate an individual’s unique identity. Subsequently, Worldcoin issues a digital World ID to the individual, enabling pseudonymous use in a diverse range of everyday applications without disclosing the user’s identity.

The announcement highlighted that the new app integrations supplement the existing ones, such as Discord, Talent Protocol, and Okta’s Auth0. Additionally, the updated version provides app developers with the flexibility to select varying levels of authentication, ranging from “lite” to “max.”

According to the announcement, these new levels are intended to provide users with more ways for people to use their World ID based on the security needs of the application, while ensuring that they aren’t sharing more information than they need to for a given application.

For instance, an application emphasizing high security might mandate users to possess an Orb-verified ID. Conversely, applications prioritizing convenience may only necessitate a “Device Auth” World ID linked to the user’s mobile phone.

A Worldcoin representative told Cointelegraph that Shopify stores can now individually choose the level of integration required.

“For the new Shopify integration, stores will be able to create coupons and then specify the level of humanness required to redeem them (options include the ‘device-verified’ level, which is done on the individual’s smartphone or Orb-verified level),” the spokesperson said.

Worldcoin said that the newly introduced features in World ID 2.0 aim to mitigate losses caused by bots, all while avoiding the necessity for users to disclose their personal information to the applications they are utilizing. Referring to a CNBC report, Worldcoin stated that retailers are reportedly losing $100 billion annually due to issues like ‘return fraud, bots, and coupon stacking.’

Worldcoin exited its beta phase in July 2023 and has generated controversy regarding its highest-security level of authentication, which involves scanning a users iris and generating a zero-knowledge proof of the scan. Critics have argued that this process may lead to the potential leakage of biometric information.

Worldcoin, in response, has defended the practice by asserting that it only retains the proof of the iris scan and does not store the scan itself.

 

Enter your email for our Free Daily Newsletter

A quick 3min read about today’s crypto news!

This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.

Read the full article here

News Room December 13, 2023 December 13, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
EU leaders urge Starmer to improve mobility deal in last ditch ‘reset’ talks

Sir Keir Starmer will on Friday be urged by European leaders to…

EY delays start dates for consulting recruits for third year in a row

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

US producer prices tumble in April as tariffs squeeze profit margins

Stay informed with free updatesSimply sign up to the US inflation myFT…

How not to fight populism: a lesson from Romania

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Sheikh Tahnoon’s IHC nears deal for stake in Richard Caring’s Ivy hospitality empire

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

- Advertisement -
Ad imageAd image

You Might Also Like

Crypto

'Fundamental Shift' in Traditional Bitcoin Market Cycle May Be on the Horizon

By News Room
Crypto

FTX/Alameda Unstakes Over $1B in Solana – Is a Major Price Shift Coming?

By News Room
Crypto

Mastercard Launches “Crypto Credential” To Replace Wallet Addresses With Usernames

By News Room
Crypto

Polygon Executive Pivots Roles To Developing ZK Proof Tech

By News Room
Crypto

Altcoin Interest Driving South Korean Crypto Craze – Report

By News Room
Crypto

Russian Central Bank Flags Sharp Rise in Crypto-related Activity

By News Room
Crypto

BitGo’s $100M Suit Against Galaxy Gets Green Light from Delaware Supreme Court

By News Room
Crypto

Here Are Your Top Crypto Gainers Today on DEXScreener

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?