{"id":6663,"date":"2024-10-18T03:39:00","date_gmt":"2024-10-17T20:39:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2024\/10\/17\/2965268\/0\/en\/World-Network-Unveils-Major-Updates-at-San-Francisco-Event.html2965268"},"modified":"2024-10-18T03:46:30","modified_gmt":"2024-10-17T20:46:30","slug":"world-network-unveils-major-updates-at-san-francisco-event","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/world-network-unveils-major-updates-at-san-francisco-event\/","title":{"rendered":"World Network Unveils Major Updates at San Francisco Event"},"content":{"rendered":"\n<p align=\"justify\">SAN FRANCISCO, Oct. 17, 2024 (GLOBE NEWSWIRE) &#8212; World Network, formerly known as Worldcoin, today made a series of groundbreaking announcements during its exclusive global event in San Francisco, hosted by co-founders <strong>Sam Altman<\/strong> and <strong>Alex Blania<\/strong>. As artificial intelligence (AI) continues to evolve at a rapid pace, World is introducing new infrastructure to empower individuals and create systems that benefit everyone.<\/p>\n<p align=\"justify\">Here are the key updates from the event:<\/p>\n<p align=\"justify\"><strong>1. Next-Generation Orb: Expanding the Reach of Proof of Human Verifications<\/strong><\/p>\n<p align=\"justify\">World unveiled the latest <strong>Orb<\/strong>, a revolutionary new device that enhances the efficiency and scalability of <strong>World ID<\/strong> verifications. Powered by the latest <strong>NVIDIA Jetson chipset<\/strong>, the new Orb offers nearly five times the AI performance compared to its predecessor. Its updated design reduces complexity with 30% fewer parts and includes a removable external SD card for full auditability.<\/p>\n<p align=\"justify\">The new Orb enables the creation of more flexible verification models, including flagship locations, on-demand Orbs, and self-serve kiosks\u2014accelerating the deployment of proof of human verifications across the globe.<\/p>\n<p align=\"justify\"><strong>2. World ID 3.0: Credentials and Enhanced Privacy Features<\/strong><\/p>\n<p align=\"justify\">The launch of <strong>World ID 3.0<\/strong> introduces new features like <strong>World ID Credentials<\/strong>, allowing users to store and use information from their NFC-enabled passports on their devices. This enables World ID holders to verify their age, nationality, or passport ownership without revealing their full identity.<\/p>\n<p align=\"justify\">Additionally, <strong>World ID 3.0<\/strong> brings stronger privacy protections with <strong>AMPC<\/strong> (Advanced Multiparty Computation) and <strong>World ID Deep Face<\/strong>, a new tool designed to combat online fraud and enhance security in digital interactions.<\/p>\n<p align=\"justify\"><strong>3. World App 3.0: The Super App for Humans<\/strong><\/p>\n<p align=\"justify\">World announced the release of <strong>World App 3.0<\/strong>, a redesigned platform built to scale with the expanding World Network. It now supports <strong>Mini Apps<\/strong>, allowing third-party apps to integrate directly with <strong>World ID<\/strong>, <strong>Wallet<\/strong>, and <strong>Contacts<\/strong>, all while maintaining user anonymity.<\/p>\n<p align=\"justify\">The updated World App also includes enhanced wallet features like <strong>Vault<\/strong> and <strong>World Pay<\/strong> (where available), and it supports World ID Credentials, offering greater utility and security for users.<\/p>\n<p align=\"center\"><img loading=\"lazy\" decoding=\"async\" alt=\"World App 3.0\" data-mce-style=\"display: block; margin-left: auto; margin-right: auto;\" height=\"338\" name=\"GNW_RichHtml_External_IMG\" src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/80a18d67-54e6-435d-9234-25420ac00506\/world-app-3-0.png\" width=\"600\"><\/p>\n<p align=\"justify\"><strong>4. World Chain Mainnet Launch<\/strong><\/p>\n<p align=\"justify\">The highly anticipated <strong>World Chain<\/strong> mainnet is officially live. With the migration of over <strong>15 million World ID holders<\/strong> and <strong>World App users<\/strong> to the network, World Chain is the first blockchain designed specifically to prioritize human activity and transactions.<\/p>\n<p align=\"justify\">World Chain is supported by leading blockchain services, including <strong>Optimism<\/strong>, <strong>Alchemy<\/strong>, <strong>Uniswap<\/strong>, <strong>Safe<\/strong>, <strong>Dune<\/strong>, and <strong>Etherscan<\/strong>, ensuring a robust and scalable infrastructure for users worldwide.<\/p>\n<p align=\"justify\"><strong>5. Worldcoin Becomes World Network<\/strong><\/p>\n<p align=\"justify\">As the scope and scale of the project continue to expand, <strong>Worldcoin<\/strong> has officially rebranded as <strong>World Network<\/strong>. The name change reflects the project&#8217;s broader mission to accelerate progress for all humanity. World Network now stands on three key pillars: <strong>World Chain<\/strong>, <strong>World ID<\/strong>, and <strong>Worldcoin<\/strong>\u2014a network of verified humans designed to ensure an optimistic future where humans remain at the center of AI development.<\/p>\n<p align=\"justify\"><strong>About World Network<\/strong><\/p>\n<p align=\"justify\">Initially developed by Sam Altman, Alex Blania and Max Novendstern, World Network is intended to be the world\u2019s largest, most inclusive identity and financial public utility accessible by everyone: an open network supported by a global community of developers, individuals, economists, and technologists. Stewarded by the World Foundation, the project aims to expand global economic participation and accessibility. <\/p>\n<p align=\"justify\"><strong>About Tools For Humanity<\/strong><\/p>\n<p align=\"justify\">Tools for Humanity (TFH) is a global technology company established to accelerate the transition towards a more just economic system. It led the initial development of World Network and operates the World App. It is governed entirely independently of the World Foundation. Over time, TFH will continue to develop important tools supporting World Network and beyond. Tools for Humanity Corporation is a Delaware (U.S.) corporation headquartered in San Francisco, California. To learn more, visit: <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WTl8fcqiu5H018MCzVNNMyn98yGP2dRFYWoFTdLwArOL-PcUtH803WDj3IkgfixyCNobw8x23_xNnmteJd17yxzDf7MDYZvjF6WKLBW2CxUoN9PUBaPD-nXbQOPhM66V\" rel=\"nofollow noopener\" target=\"_blank\" title>https:\/\/www.toolsforhumanity.com\/<\/a><\/u><\/p>\n<p align=\"justify\">A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WTl8fcqiu5H018MCzVNNMwK9ISlXN6Yk4Aq247uijF7x_2xA7Pg87yZZanTvCAJYxgDbzYDVGCG_BWKs1-SJiXBTrcRxd9AnuK0Tw4gcFmwqW0_7cxnXjLF6pPYuO4fBvaE-LZtX0QYsOmPJViGRwxPFELB45PsMr4ou3s8-NLFdgpE3c9S7roRbsbgfeyUgyIFu596nUAVLc1MJFukkIo-WqJ5iYr23z6YzQX9QF9CyxOHxAxxsJ1OrJgDAQGBf3YPYiz9yuEb_FO4f9A3XEA==\" rel=\"nofollow noopener\" target=\"_blank\" title>https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/80a18d67-54e6-435d-9234-25420ac00506<\/a><\/p>\n<pre><\/pre>\n<p><img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZGIzNDRiNTktYWUyOS00Mjc1LWFkM2MtZmE4Nzc3YjRmOGE4LTUwMDEyODUxMQ==\/tiny\/World-Network.png\" referrerpolicy=\"no-referrer-when-downgrade\">  <\/p>\n","protected":false},"excerpt":{"rendered":"<p> SAN FRANCISCO, Oct. 17, 2024 (GLOBE NEWSWIRE) &#8212; World Network, formerly known as Worldcoin, today made a series of groundbreaking announcements during its exclusive global event in San Francisco, hosted by co-founders Sam Altman and Alex Blania. As artificial intelligence (AI) continues to evolve at a rapid pace, World is introducing new infrastructure to empower individuals and create systems that benefit everyone. Here are the key updates from the event: 1. Next-Generation Orb: Expanding the Reach of Proof of Human&#8230;<\/p>\n","protected":false},"author":1,"featured_media":6664,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[75,1406],"tags":[],"class_list":["post-6663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-globenewswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>World Network Unveils Major Updates at San Francisco Event<\/title>\n<meta name=\"description\" content=\"SAN FRANCISCO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- World Network, formerly known as Worldcoin, today made a series of groundbreaking announcements during its exclusive global event in San Francisco, hosted by co-founders Sam Altman and Alex Blania. 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