Worldcoin, an open protocol focused on providing digital identities, announced a partnership with the data analytics platform Dune. This collaboration aims to improve data accessibility for World Chain users.
Dune and Worldcoin Partnership
Crypto data analytics platform Dune has partnered with Worldcoin to improve access to data on World Chain. World Chain is an Ethereum L2 protocol built on the OP Stack and integrated with Worldcoin. The project claims that with its launch, people will be able to prove their identity while maintaining privacy. The partnership aims to enable users and developers to access and analyze data on World Chain once it launches. This data accessibility could provide information on how many real people are using the network and performance metrics of DeFi or DEX protocols built on the chain.
Worldcoin's Shift in Focus
The development comes as Worldcoin shifts its focus away from Europe. Fabian Bodensteiner, managing director of Worldcoin Europe, noted at a recent summit that the project will prioritize regions like Asia as the company seeks 'larger dynamics' and 'bigger business opportunities.'
Regulatory Challenges and Worldcoin's Expansion
The project has faced scrutiny in the past over its iris data collection and privacy practices. While regulators in the EU and other parts are making decisions on the project's compliance, the company is expanding. According to a recent blog post, the project plans to scale its current user base from approximately 7 million verified humans to over 700 million.
The collaboration between Worldcoin and Dune opens new opportunities for users and developers through improved data accessibility. While the project faces regulatory challenges in Europe, it focuses on regions with greater growth potential.
