- World ID has launched a decentralized identity verification platform.
- The platform provides privacy and secure verification options.
- Users can also verify their identity without sharing personal data.
DappRadar, the world’s leading dApp and NFT store, has reported on the latest developments in the field of decentralized identity verification. World ID, co-founded by OpenAI CEO Sam Altman, is a revolutionary new platform that aims to provide decentralized online identity verification for privacy without compromising personal data.
With World ID, users can seamlessly log into websites, mobile apps, and decentralized apps with multiple types of identity verification, including phone number and biometric verification, according to the report.
In addition, this platform has the potential to revolutionize online identity verification, allowing users to prove their unique and true identity without sharing personal data such as names or emails, as reported by DappRadar.
2/ The Global ID Card proves your unique and true identity without sharing personal data such as names or emails. Seamlessly log in to websites, mobile apps and #dapps Multiple types of character verification including phone number and biometric verification.
— DappRadar (@DappRadar) March 15, 2023
Furthermore, the World ID SDK enables developers to take advantage of the robustness of zero-knowledge encryption in their protocol.
The new platform has a wide range of applications and use cases across various industries, depending on the development. These include social networks that can benefit from blockchain-based solutions with built-in bot protection, ensuring a safe and authentic user experience.
Another use case includes voting and governance of decentralized autonomous organizations (DAO) which ensures transparent and fair decision-making processes. Financial services can also benefit from the platform by providing safe and fast cross-border payments and reducing the risk of fraud.
DappRadar’s statement points out that in the Web3 era, identity will be more complex and multifaceted than traditional online identity. It will consist of various elements such as Web3 domains, wallets, avatars, and string data, which will collectively represent the user persona in the decentralized ecosystem.
In conclusion, this development comes on the heels of OpenAI’s latest breakthrough in AI technology. The announcement states that their GPT-4 language model can now generate text output from image and text inputs, showing human-level performance.
The SDK published after World ID for developers using Zero-Knowledge cryptography first appeared in the Coin edition.