Demex Daily #248: Worldcoin Expands ID Verification and Launches Face Auth Security

What’s Interesting Today:

Worldcoin has expanded its World ID verification services to Guatemala, Malaysia, and Poland, addressing the rising need for secure online identity verification in response to AI-driven fraud. In these countries, users can verify their identities via the World App. Worldcoin also introduced Face Auth, a private, on-device face comparison feature, to enhance security. This expansion and the new feature aim to protect users from digital fraud and strengthen Worldcoin's global presence.

Trade WORLDCOIN WLD-PERP on Demex!

BitcoinOS has launched BitSNARK, an open-sourced zero-knowledge (ZK) verification protocol for Bitcoin, enabling private transactions and advanced decentralized applications (DApps) without altering BTC's core protocol. BitSNARK, which uses zk-SNARKs for privacy preservation, allows for secure verification of transactions without revealing sensitive information. This innovation aims to enhance Bitcoin’s role in decentralized finance (DeFi) and cross-chain applications. While it introduces potential benefits, there may be challenges in adoption due to the Bitcoin community's historical resistance to changes that could complicate its security and decentralization.

Trade BITCOIN BTC-PERP on Demex!