Worldcoin (WLD) has launched World ID 2.0 in Singapore, which allows users to verify their identity using an iris scanner orb. The introduction of World ID 2.0 follows the successful launch of the tool and the open-sourcing of the iris recognition pipeline. Users in Singapore can now undergo World ID verifications through the Worldcoin Orb, and the project has expanded globally, with cities in Spain, Germany, South America, and Japan joining the verification network. Despite facing controversy surrounding data privacy practices, World ID plans to continue rolling out version 2.0 throughout 2024 and beyond. The Worldcoin project's World App, the first World ID-compatible wallet, has achieved significant milestones, including over 5 million downloads and more than 30 million transactions. The World App is ranked as the 5th most popular hot wallet globally in 2023. Overall, 2023 has been a landmark year for the Worldcoin project, with significant achievements and global expansion in the field of digital identity and finance.
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