WEB3
by BSCN
August 31, 2023
In a single day, 9,500 Argentinians successfully verified their World ID, equivalent to a new verification every 9 seconds.
Summary
Argentina's prowess in innovation and crypto adoption has been underscored once again as a surge in demand for the revolutionary World ID protocol has propelled the nation to achieve a new record for Orb verifications in a single day.
Following the launch of the Worldcoin project on July 24, 2023, the demand for World ID verifications has surged globally. August recorded an unprecedented spike, culminating in a staggering 9,500 Argentinians successfully verifying their World ID within a day. This translates to a new verified human every 9 seconds.
This meteoric rise in demand has currently propelled the World App, to the number one spot in Argentina on the App Store.
Powered by the Wolrdcoin ecosystem, World ID is a cutting-edge global identity protocol that utilizes a Proof of Personhood (PoP) credential issued through the specialized biometric device “Orb”. This gives individuals the ability to digitally establish their humanness while preserving their privacy.
“I think the first major thing that stands out is that Argentina specifically is one of the most crypto-forward countries in the world,” said Alex Blania, Co-founder of the Worldcoin project and CEO of Tools for Humanity, during an insightful fireside conversation on the Ethereum Argentina Mainnet Stage on Friday, August 18.
He also highlighted Argentina's fusion of technological advancement and crypto-savviness, fostering a fertile ground for groundbreaking developments in the field.
Presently, Worldcoin's Orb verifications are available in four prominent Argentine cities: Buenos Aires, Mar del Plata, Cordoba, and Mendoza.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
Latest News
November 23, 2024
Weekly Article Recap: 11/18-11/22
November 22, 2024
Gary Gensler’s Departure and Its Impact on Crypto
November 22, 2024
Solana ($SOL) Hits All-Time High of $264: Possible Factors Behind the Surge
November 22, 2024
Trump’s New Crypto Advisory Committee Expected to Create U.S. Bitcoin Reserve: Report
November 21, 2024
Justin Sun Drops $6.2M on Controversial Banana Art, Calls It a "Cultural Phenomenon"
November 21, 2024
Trump’s Team Discusses Potential White House Crypto Role Amid Growing Industry Influence
November 21, 2024
Bitwise Joins Race for Solana ETF Amid Growing Interest in Crypto ETFs
November 20, 2024
Sky Protocol’s Flagship Stablecoin $USDS Expands to Solana