Just-In: Sam Altman’s Worldcoin Launches Orb Verification In Singapore

Coingapestaff
December 27, 2023
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Worldcoin Pilots World ID Verification In Peru, WLD Price To Rally?

The Worldcoin project, one of the most renowned cryptocurrency projects within the digital assets realm, echoed a sense of frenzy across the global web3 landscape on Wednesday following significant developments made by the crypto’s community. In a noteworthy advancement portraying the worldwide surge of interest orbiting proof of personhood, Singapore residents can now undergo verifications using the Orb, a hardware device facilitated by the Worldcoin project.

With the announcement surfacing within the broader crypto market today, the project embarks further with its cryptographic venture. Furthermore, this move follows the successful launch of World ID 2.0 and the public release of the Worldcoin iris recognition pipeline in December.

Also Read: MicroStrategy Buys $615 Million Worth of Bitcoin, $50,000 BTC Price Soon?

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A Closer Look Into The Announcement

Notably, with the announcement surfacing on the Web3 horizon today, December 27, the Worldcoin project appears to have fueled optimism among crypto market enthusiasts globally, specifically in Singapore. Moreover, Tools For Humanity (TFH), a key contributor to the project, also gained noteworthy traction within the Web3 space as it recently gained membership in two esteemed Singapore associations, ACCESS and the Singapore Fintech Association (SFA).

Intriguingly, the above-mentioned chronicle appears to come in alignment with a recent multi-city tour undertaken by members of TFH’s product development team in Asia. Furthermore, the Orb is a specialized hardware curated by the project’s team to enhance identity verification.

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Worldcoin Price Tumbles

As of writing, the Worldcoin price showcased a drop of 6% over the past 24 hours and is currently trading at $3.59. Moreover, the token’s weekly chart also portrayed a fall of 3.28%.

However, with the aforestated announcement coming into light, crypto market enthusiasts appear to be eyeing the token thoroughly with hopes of a potential upswing shortly ahead.

Also Read: Binance Launches NFPUSDT Perpetual Contract Amid NFP Price Rally

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.