Close Menu
  • Home
  • Bitcoin
    • Bitcoin
    • Blockchain
    • Ethereum
  • DeFi
  • NFTs
  • Regulations
  • Investing
  • Technology
  • All Posts
What's Hot

Blockchain to Drive $7 Billion Real-World Asset Initiative in DeFi

Apr. 18, 2025

Bitcoin and Solana maintain their dominance in the crypto market despite a slowdown in Q1 2025.

Apr. 18, 2025

Crypto Exchange eXch to Cease Operations on May 1 Following Accusations of Laundering $35 Million from Bybit Hack

Apr. 18, 2025
Facebook X (Twitter) Instagram
X (Twitter) Telegram
BTC Cast
  • Home
  • Bitcoin
    • Bitcoin
    • Blockchain
    • Ethereum
  • DeFi
  • NFTs
  • Regulations
  • Investing
  • Technology
  • All Posts
Subscribe
BTC Cast
Home ยป Sorana to be Supported by Worldcoin for Global ID

Sorana to be Supported by Worldcoin for Global ID

By adminJun. 28, 2024No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Sorana to be Supported by Worldcoin for Global ID
Sorana to be Supported by Worldcoin for Global ID
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Bit Universe reports:
After receiving approximately $70,000 in funding from the Worldcoin Foundation, the World ID of Worldcoin will be expanded to the Solana ecosystem.
Last summer, Sam Altman’s Worldcoin became popular as the co-founder of the project claimed that people were registering every eight seconds on average. In order to reintroduce the project to public awareness, the Worldcoin Foundation launched a grant program, allocating $830,000 worth of WLD tokens to fund the project.
One of the projects is the cross-chain protocol Wormhole, which aims to introduce Worldcoin’s World ID into the Solana blockchain. Wormhole helps in the transmission of data and assets across more than 30 blockchains, including Solana, Ethereum, and Binance Smart Chain. This latest move will bring the World ID of Worldcoin, initially established on Ethereum and the second-layer scaling solution Optimism, to Solana.
WorldID is the core technology of the Worldcoin project. By using an Orbs from Worldcoin to scan your eyes, you will get an IrisCode, which is then used to generate the World ID. This process is to prove your “personhood” and eliminate the possibility of you being a robot, which is a response to the rapid advancement of artificial intelligence (AI).
Once you have proven yourself to be a real person, you can use the World application. This allows users to maintain privacy through the platform’s ID system while revealing their information. In addition, the World application also serves as a cryptocurrency wallet, allowing users to store Bitcoin, Ethereum, and USDC.
The company claims that over 2 million people have signed up for the project, attracting regulatory investigations from multiple countries. For example, France and Germany are coordinating investigations into the legitimacy of the project, while Kenya has completely banned the project.
Wormhole’s current goal is to enable the Solana-based protocol to verify the World ID of users initially verified on Ethereum. To this end, a new Solana smart contract will utilize Wormhole Queries, a cross-chain data retrieval service.
On the same day the announcement was made, the United States made its first attempt to launch a spot Solana ETF publicly. VanEck applied for a Solana ETF in the United States on Thursday, causing the token’s price to rapidly surge by 6.6% within an hour.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Altura unveils a cutting-edge smart NFT platform

Sep. 6, 2021

The Resurgence of Blockchain Gaming in English

Sep. 20, 2021

Play-to-Earn Approaches in the NFT Gaming Sector

Sep. 20, 2021

Is SolChicks yet another dubious venture capitalist and founder’s scheme?

Dec. 2, 2021
Don't Miss

Blockchain to Drive $7 Billion Real-World Asset Initiative in DeFi

Apr. 18, 2025

Ethereum Layer 2 network Arbitrum has launched a new project called Converge, a blockchain for proce…

Bitcoin and Solana maintain their dominance in the crypto market despite a slowdown in Q1 2025.

Apr. 18, 2025

Crypto Exchange eXch to Cease Operations on May 1 Following Accusations of Laundering $35 Million from Bybit Hack

Apr. 18, 2025

Coinbase Enhances Solana Infrastructure Following User Feedback

Apr. 18, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
About Us
About Us

BTC Cast is your premier destination for the latest news about Bitcoin and cryptocurrency. We offer comprehensive coverage, including updates on market trends, technological developments, and industry insights.

X (Twitter) Telegram
Our Picks

Blockchain to Drive $7 Billion Real-World Asset Initiative in DeFi

Apr. 18, 2025

Bitcoin and Solana maintain their dominance in the crypto market despite a slowdown in Q1 2025.

Apr. 18, 2025

Crypto Exchange eXch to Cease Operations on May 1 Following Accusations of Laundering $35 Million from Bybit Hack

Apr. 18, 2025
Most Popular

Bitcoin halving ignites speculation of a potential supercycle

Apr. 17, 2024

Top Trader 100000 in Bitcoin Inflow Expected if Trading Volume Surpasses Key Resistance Level With One Catch

Jul. 5, 2024

What Elon Musk Sentenced to 5 Years in Prison Crypto Market Reacts Is Bitcoin in Trouble

Oct. 24, 2024
© 2025 BTC Cast All rights reserved.
  • Home
  • Bitcoin
    • Bitcoin
    • Blockchain
    • Ethereum
  • DeFi
  • NFTs
  • Regulations
  • Investing
  • Technology
  • All Posts

Type above and press Enter to search. Press Esc to cancel.