Worldcoin

Worldcoin (WLD) is a project that aims to build an identity and financial network run as a public utility and owned by everyone. The project presents itself as groundwork for a world where artificial intelligence has a growing role.

The system centers on World ID, a global identity network that lets people show they are real, unique humans online. It relies on zero-knowledge proofs so that personal details stay private. The project says platforms that integrate the protocol could include web3 systems, social networks and government programs. Its stated uses include protection against bots and sybil attacks, as well as democratic processes and new forms of governance.

The Orb is a physical imaging device used to verify a World ID. It uses multispectral sensors to check humanness and uniqueness, and it deletes images on the device by default unless the person agrees to data custody. Orbs are run by independent local businesses called Orb Operators. A person first needs a wallet app that supports creating a World ID.

The WLD token is described as a utility token with governance properties. It lets users take part in governing the protocol. The project also reports users in 160 countries.