Worldcoin, founded by Sam Altman, has announced a major rebranding, now known as World. During an event in San Francisco, the company introduced new tools and devices, including the new Orb device for biometric verification.

Worldcoin Rebranding: Details and Reasons

The rebranding announcement was made in San Francisco, where co-founder and CEO Alex Blania explained that the company is expanding its mission beyond cryptocurrency. He noted that the old name no longer reflects the company's current goals, and World is now focused on identity verification through biometric means.

The New Orb Device and Its Capabilities

At the conference, the new generation of the Orb device was unveiled, designed for iris scanning. This device plays a crucial role in the company's strategy for identity verification and enhancing data processing security.

Future Collaboration and Development Plans

Alex Blania also emphasized that World and OpenAI remain independent entities despite Altman's active involvement in both. Blania stated that the integration of World's cryptocurrency into ChatGPT is not ruled out, though the two companies' missions remain separate.

World continues its development and mission expansion by offering new tools for biometric verification. Future collaborations with other tech companies are possible, but their goals remain independent.