World launches 'super app' with crypto pay, encrypted chat
What's the story
World, the biometric ID verification project co-founded by Sam Altman, has launched an updated version of its app. The new release comes with a host of features like an encrypted chat integration and a Venmo-like function for sending and requesting cryptocurrency. The company was founded in 2019 by Tools for Humanity and launched its first app in 2023.
App's purpose
World app's mission: Distinguishing humans from bots
World app was launched with a vision to create digital "proof of human" tools that can help distinguish real humans from AI-generated digital fakes. The idea for the app came from discussions between Altman and World co-founder and CEO Alex Blania about the need for a new economic model based on web3 principles.
Messaging innovation
World Chat: A secure messaging feature
The latest version of the World app comes with a new messenger called World Chat. It uses end-to-end encryption to protect users' conversations, similar to Signal. The feature also employs color-coded speech bubbles to indicate whether the person you're talking to has been verified by World's system or not, encouraging verification and giving users control over their interactions.
Payment feature
Expanded digital payment system in World app
The latest version of the World app also comes with an expanded digital payment system for cryptocurrency transactions. Users can now send and receive crypto using virtual bank accounts. They can even receive paychecks directly into their World App accounts and deposit money from their bank accounts, which can then be converted into crypto. Notably, these features don't require users to be verified by World's authentication system.
Verification method
Unique authentication process of World app
World (formerly known as Worldcoin) uses a unique verification process where interested users get their eyes scanned at one of the company's offices. The Orb, a large verification device, converts the person's iris into a unique and encrypted digital code. This verified World ID can then be used by the person to interact with World's ecosystem of services available through its app.