World Network WLD has made a significant leap by officially launching its services in the Philippines, focusing on privacy-centric digital identity and financial solutions. As stated in the official source, this expansion, which took place on October 8, 2025, is designed to bolster internet security and improve financial accessibility for users in the region.
Introduction of World ID Verification System
In collaboration with local stakeholders, World Network has introduced its World ID verification system, which aims to provide users with a secure and anonymous digital identity. The system employs advanced facial recognition technology to mitigate identity fraud, ensuring a safer online experience for users.
Alignment with Broader Mission
The Worldcoin Foundation emphasizes that this initiative aligns with its broader mission to create a better internet in the Age of AI. Following the launch, the market reacted positively, with WLD token prices experiencing a notable 25% increase, buoyed by institutional investments.
Potential Regulatory Challenges
Despite the optimistic market response, previous expansions of World Network have encountered scrutiny regarding privacy issues, which could lead to potential regulatory challenges as the network continues to grow in the region.
