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Worldcoin Partners with Alchemy to Launch World Chain Blockchain

Hassan Shittu Last updated: June 27, 2024 at 01:04 GMT+3 | 1 min read Human-verification project Worldcoin partnered with the web3 infrastructure platform Alchemy on June 26. The collaboration will equip Worldcoin developers with Alchemy’s suite of tools and infrastructure to build the new World Chain blockchain. World Chain will prioritize human verification, digital identity, and decentralized applications while adhering to privacy and security standards. Alchemy Technology Facilitating World Chain. OpenAI CEO Sam Altman founded Tools for Humanity, and Alex Blania is primarily responsible for developing and promoting the Worldcoin project. In April, the Worldcoin Foundation announced the creation of World Chain, a new Layer 2 blockchain designed to enhance the Worldcoin project’s efficiency. World Chain will facilitate the assignment of World IDs to individuals who verify their humanity through an eyeball scan. According to its website, nearly 6 million people have signed up for Worldcoin. Alchemy’s integration with World Chain will provide developers with vital tools such as core node APIs, account abstraction for smart wallets, and data indexing. Additionally, according to the announcement, World Chain will collaborate with Optimism, Coinbase, and the broader Ethereum ecosystem as part of the Superchain initiative. Following migration from OP, Mainnet World Chain will become the new home for World ID and World App. Alchemy’s Noam Hurwitz highlighted the partnership’s goal of scaling blockchain applications and bringing more mainstream users on-chain. “The fundamental way to scale blockchain applications and get more block space is to use rollups, a key piece of infrastructure we are partnering on,” Hurwitz explained. Worldcoin to Begin Operations in Europe. As part of its expansion efforts, Worldcoin will begin its European operations on June 26, launching World ID orb verifications in six locations across two European cities. This marks the project’s first foray into Europe, following successful implementations in several Latin American countries. Despite these positive developments, Worldcoin has experienced a slight decline in open interest, dropping 0.85% over the past 24 hours to a current valuation of $107.9 million. The price of Worldcoin (WLD) stands at $2.83, down 1.22% in the last 24 hours, with a... https://cryptonews.com/news/worldcoin... #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily #alchemypay #alchemypaynews #alchemypaynewstoday #worldchain #worldchainnews #worldchainnewstoday #worldcoin #worldcoinnews #cryptonewsalerts ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple