Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Worldcoin has revealed that Malaysians can now digitally prove their humanity using the project’s orbs.
ADOPTION NEWS

Worldcoin has revealed that Malaysians can now digitally prove their humanity using the project’s orbs.

By Crypto FlexsAugust 17, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Worldcoin has revealed that Malaysians can now digitally prove their humanity using the project’s orbs.
Share
Facebook Twitter LinkedIn Pinterest Email

Malaysians can now use Worldcoin technology to prove they are human, according to a statement released on Friday.

According to a blog post, the WorldCoin Foundation and Tools for Humanity have signed a Memorandum of Understanding (MoU) with the Malaysian government.

“As part of the MoU, the new Worldcoin initiative in Malaysia will provide individuals with access to individual human identity verification using cutting-edge iris imaging technology developed by Tools for Humanity for the Worldcoin project,” the statement said.

The core of the Worldcoin project is the founders’ goal of preserving the future health of the Internet by establishing a means of distinguishing between human and non-human agents. Individuals are assigned a World ID after proving their humanness by consenting to an iris scan. Sign-ups are rewarded with cryptocurrency in the form of WLD tokens.

The project has been criticized for privacy concerns, but has recently established relationships with several countries, including Austria.

“The Worldcoin Foundation will work to ensure that the technology is open source and freely available,” the statement said Friday.

WorldCoin has received significant attention as the project’s main proponent, Tools for Humanity, was co-founded by OpenAI CEO Sam Altman.

As part of this newly signed MOU, both the Worldcoin project and the Malaysian government will explore the possibility of collaborating to manufacture the orbs used to create iris scans. The two parties will also consider “bridging” Worldcoin’s World Chain protocol with Malaysia’s own blockchain infrastructure.

The official signing of the memorandum of understanding, announced Friday, was by Malaysia’s “applied research and development arm,” MIMOS Berhad. The new deal has likely been in the works for months, after Altman and his Tools for Humanity co-founder Alex Blania met with Malaysian officials in April.

A memorandum of understanding signals that the different parties are interested in cooperating, but is not legally binding.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Non and Visa Partners accelerate the onChain credit card

May 1, 2025

Hong Kong Monetary Authority Announces Yuan Treasury Bond Bidding Results

October 22, 2024

OKX facilitates the migration of RNDR tokens to RENDER.

July 2, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.