Saturday, 28 December 2024
Trending

Crypto News

Worldcoin integrates World ID on Solana using a Wormhole bridge

Worldcoin to launch its WLD token and mainnet today

  • Worldcoin integrates World ID on Solana via Wormhole’s new cross-chain bridge.
  • The integration enables privacy-focused DApp authentication across blockchains.
  • Worldcoin has seen rapid growth, expanding to Austria and Southeast Asia.

Worldcoin has confirmed the launch of seamless World ID integration for Solana via a new cross-chain protocol from the Wormhole Foundation.

This achievement came just two and a half months after the Wormhole Foundation received a Worldcoin Wave 1 Community Grant, positioning the project as a key player in bridging decentralized identity solutions across multiple blockchains.

World ID, Worldcoin’s privacy-focused identity verification service, is built on the layer-2 Ethereum network, World Chain. It allows users to authenticate their identity securely without revealing personal data, facilitating private and verified logins for DApps. The integration with Solana, one of the fastest-growing blockchain ecosystems, opens new opportunities for developers to implement World ID into their applications.

Robinson Burkey, co-founder of the Wormhole Foundation, highlighted the importance of this collaboration, stating, “Bringing World ID to Solana is a big step forward for identity verification.

With the integration of World ID and Wormhole Queries, developers can now easily build applications that prioritize real users across chains, improving trust in decentralized ecosystems.”

This expansion is part of Worldcoin’s broader strategy to drive adoption of its World ID service, which had over 6.63 million users as of July 31, 2024. The company has seen rapid growth since its launch in July 2023, particularly in Europe and Southeast Asia.

Recently, Worldcoin expanded into Austria, making it the second European country to host its services. However, privacy concerns have led to the suspension of operations in Spain.

As cross-chain compatibility becomes increasingly important for blockchain ecosystems, this integration is expected to enhance the security and utility of decentralized applications while further boosting the adoption of Worldcoin’s World ID service.

Despite the launch, the price of Worldcoin’s native token WLD remains 4.73% down trading at $1.52…

Click Here to Read the Full Original Article at CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison…