Worldcoin has recently released World ID 2.0, the upgraded version of its authentication feature. This new version brings groundbreaking integrations with major platforms like Shopify, Mercado Libre, Reddit and Telegram. It allows users to prove their humanity without having to divulge any personal information.
Developers now have the flexibility to choose between “lite” and “max” authentication levels. This allows them to customize the security features of their applications according to their needs. For instance, some applications may require a verified identity while others may need “device auth”, an authentication method linked to the user’s mobile phone.
This revolutionary technology is expected to reduce the losses associated with fraudulent activities, which is estimated to be around $100 billion per year.
The most controversial aspect of World ID 2.0 is its highest security level – iris scanning. Critics believe this process could lead to the leakage of biometric data. Nonetheless, Worldcoin insists that the only thing it stores is the proof of iris scan, not the scan itself. The project has already been adopted by over half a million people in Kenya and 200,000 in Chile.
Overall, World ID 2.0 is a major player in the digital identification landscape. It addresses security concerns and offers a convenient approach for users across an array of applications.