With over 10 million users across 160 countries, Tools for Humanity's World App wallet gains significant traction in the crypto world. This surge coincides with the release of new privacy features for Worldcoin, including iris code deletion for permission revocation and in-person age verification checks.
Tools for Humanity's Worldcoin Wallet Surges Past 10 Million Users, Empowering Global Connectivity
In a remarkable milestone, Tools for Humanity (TFH), the organization behind the revolutionary Worldcoin project, has announced that its World App wallet has surpassed 10 million users. This unprecedented growth solidifies Worldcoin's position as a transformative force in the realms of digital identity and financial inclusion.
Spreading across 160 nations, the World App wallet boasts an astonishing 2 million daily active users, a testament to its widespread adoption and the growing demand for a self-sovereign digital identity solution. This surge in users directly coincides with the introduction of groundbreaking data management tools designed to enhance privacy and security for Worldcoin's users.
"We are immensely proud of this milestone, but even more so by the tangible impact it represents in empowering individuals," declared Tiago Sada, Product Head at TFH. "Worldcoin is not just a cryptocurrency but a tool for unlocking new opportunities and connecting humanity."
The World App wallet's transaction speed stands shoulder to shoulder with the most popular self-custodial wallets, averaging an impressive 7.1 transactions per second. This rapid transaction speed ensures seamless and efficient financial operations, further bolstering its appeal among users.
Since its inception in May 2023, the World App has garnered widespread attention, amassing approximately 4 million downloads by November of that year. Today, the app has processed over 70 million total wallet transactions, highlighting its growing prominence in the digital payments landscape.
In a significant step towards safeguarding user privacy, Worldcoin has introduced two innovative privacy-enhancing features. Users now have the ability to revoke permissions for their World IDs by permanently deleting their iris code. Additionally, in-person age verification checks at each humanness verification location ensure the authenticity and trustworthiness of the system.
"These new features empower our users to take full control of their digital identities while maintaining the integrity of our platform," said Sada. "Worldcoin is committed to building a more secure and equitable digital world for all."
As Worldcoin continues to gain momentum, its impact on global connectivity and financial empowerment becomes increasingly evident. With over 10 million users and counting, the World App wallet is poised to redefine the way we interact with the digital realm, fostering a more inclusive and interconnected society for all.