Wed, November 27

Worldcoin Expands to Austria Amid Growing European Presence

Worldcoin Expands to Austria Amid Growing European Presence Market News
  • The project has recently declared a major step forward in its European activities.
  • Several locations around Vienna will have orb verification stations accessible.

The worldwide presence of Worldcoin is growing steadily. Notable for its one-of-a-kind “orb” verification mechanism, the project has recently declared a major step forward in its European activities by expanding into Austria.

As part of its continuing efforts to build a broad, decentralized identity verification network across Europe and beyond, Worldcoin has taken this next step to expand World ID verification to the Alpine country.

Growing Influence and Reach Out

Moreover, several locations around Vienna will have orb verification stations accessible from July 31, 2024. Anyone in Austria who is 18 or older may now become one of more than 6.3 million people across the world who use the Worldcoin network.

Moreover, this extension comes after the initiative was already active in Germany. Thus, indicating that proof of humanness technology is gaining traction throughout Europe. One of the primary goals of Worldcoin is to facilitate digital identification by offering a means to digitally confirm an individual’s uniqueness and human status.

In recent polls conducted in Portugal and Spain, 82% and 77% of World ID holders, respectively, had a good impression of the technology when it comes to online interactions. Additionally, Worldcoin is looking for Austrian ambassadors to spread the word about the project and provide perks like networking events and early access to new features.

As the Worldcoin project approaches a major token unlock, renowned crypto investigator ZachXBT has recently brought attention to possible insider trading and dubious behavior by the company. Top Bybit trader DefiSquared’s research is the foundation of ZachXBT’s investigation. The investigation reveals many strategies used by Worldcoin to influence the value of its WLD token.

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Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.