Worldcoin and Optimism Team Up to Build Decentralized ID Network for Global Inclusion

As digital assets continue to gain popularity, the lack of accessibility remains a significant obstacle. With AI on the rise and a large percentage of the world lacking a verifiable legal ID, it has become crucial to distinguish between humans and bots online. To promote wider adoption and ensure that everyone can benefit from AI, it is essential to create more inclusive tools and establish partnerships that allow all humans to participate fully in the expanding digital and global economy. Sam Altman’s Worldcoin new partnership aims to create a new home for identity and governance online while prioritizing privacy and unlocking access to the global economy.

Worldcoin, a decentralized ID network, has announced a new partnership with the Optimism Collective to create a home for identity and governance online while protecting privacy and unlocking access to the global economy. The partnership is aimed at creating tools and partnerships that are inclusive and allow all humans, not bots, to fully participate in the growing digital and global economy.

Worldcoin is committed to being an open and freely-available decentralized identity network that puts ownership in the hands of the community, unlocking access for all to the global economy. The partnership will support the Optimism Collective in bringing the Superchain vision to life, working together to build a scalable blockchain ecosystem built on the OP Stack.

As a first step, World ID, a decentralized, privacy-first identity protocol, will be available on OP Mainnet. TFH’s World App, the first wallet that enables transactions using Worldcoin, digital assets, and traditional currencies, is also being migrated to OP Mainnet.

In an email statement shared with AlexaBlockchain, Ben Jones, the director at the Optimism Foundation, emphasized the critical role of decentralized identity in their vision for the Superchain.

He sees it as an essential factor not only in scaling Ethereum as a technology but also in scaling its values.

Jones believes that partners like Worldcoin choosing OP Mainnet as their new home and joining them in building the Superchain is a significant step towards achieving their goals.

Decentralized identity not only unlocks democratic governance and innovation, but can empower individuals to have greater control over their finances and participate in the global economy on their own terms. Bringing World ID to OP Mainnet lays the groundwork for scaling the future home of web3 identity and governance.

The partnership between Worldcoin and Optimism began nearly a year ago through joint contributions to EIP-4844, which will reduce L2 fees by 10x. The potential to accelerate adoption in the Optimism ecosystem could also enable a significant boost in World App transactions across Ethereum L2’s with the World App wallet’s migration to OP Mainnet.

The deployments on OP Mainnet will expand access and help Worldcoin reach a values-aligned ecosystem of developers and users. Together, Worldcoin and Optimism are committed to realizing a scalable, inclusive future that unlocks the full potential of crypto and furthers the evolution of identity on the blockchain.

Read Also: Sam Altman’s Worldcoin launches World App, Bringing Decentralized ID and Finance to Billions

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• Source: https://alexablockchain.com/worldcoin-optimism-team-up-to-build-decentralized-id-network/