Platform Y: A New Challenge to World Network

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by Giorgi Kostiuk

2 years ago

A group of crypto veterans, including the co-founder of Lido, is launching the digital identity platform Y to provide an alternative to World Network.

Introduction to Platform Y

The digital identity Y platform is being developed as a competitor to World Network, initiated by Sam Altman. The new platform focuses on solutions that provide greater security and privacy, opting out of the controversial Orb eyeball-scanning device.

Privacy-Focused Alternative

The paper titled 'Y vs. WorldCoin' describes how the platform avoids using biometric data, instead relying on unique and anonymized internet traces left by users. It aims to leverage the controversies of World Network's methods to attract an audience.

Future of Y Development

Alongside Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, Ekram Ahmed, Director of Marketing and Communications at Celestia, advises the project. Although there is no clear roadmap, Y intends to become a 'Crypto SuperApp' allowing users to safely and privately manage their digital identities.

Platform Y promises a more secure approach to digital identity, directly competing with World Network on privacy issues.

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