"World ID 2.0" is the new version of the World ID functionality that Worldcoin has released. The new version is integrated with Shopify, Mercado Libre, Reddit, and Telegram, enabling people to demonstrate their humanity on these platforms, according to an announcement made on December 12.
The latest version of Worldcoin's World ID capability is called "World ID 2.0". An announcement on December 12 stated that the updated version is integrated with Shopify, Mercado Libre, Reddit, and Telegram, allowing users to show their humanity on various sites.
A representative from Worldcoin clarified to Cointelegraph that Shopify stores can now individually choose the level of integration required. "[F]or the new Shopify integration, stores will be able to create coupons and then specify the level of humanness required to redeem them (options include the 'device-verified' level, which is done on the individual's smartphone or Orb-verified level)."
The new capabilities, according to Worldcoin, would lessen losses caused by bots without needing users to provide their personal information to the apps they use. Citing a CNBC research, it stated that "return fraud, bots, and coupon stacking" cause merchants to lose $100 billion annually.
July saw the original introduction of Worldcoin. Its highest degree of authentication, which entails taking a user's iris scan and generating a zero-knowledge proof of the scan—a move that some believe could result in the leakage of biometric data—has made it contentious. Worldcoin has defended the procedure, asserting that it does not keep the actual iris scan itself—only the proof of the scan.
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