$WLD Partners with Malaysian Government to Integrate Digital Proof of Humanness
Worldcoin, founded by Sam Altman, has made headlines again by partnering with MIMOS Berhad, the Malaysian government's applied research and development arm. The partnership aims to facilitate digital proof of humanness across Malaysia, leveraging Worldcoin's state-of-the-art technology to enhance the country's digital infrastructure.
According to an official announcement, MIMOS has signed a Memorandum of Understanding (MoU) with Tools for Humanity (TFH), Worldcoin's foundation, and MyEG, a leading e-government services provider. The MoU focuses on integrating Worldcoin's technology to improve digital credentials and validate the importance of digital proof of humanness in the age of AI.
Under the partnership, $WLD will offer individuals access to humanness verifications using advanced iris imaging technology, known as the World Orb. The collaboration will also explore Orb manufacturing and bridging World Chain to Malaysia's national blockchain infrastructure.
Market Performance
Despite this development, Worldcoin's price dipped 7.67% to trade at $1.46, with daily lows and highs recorded at $1.45 and $1.59, respectively. However, the 24-hour trading volume saw a 34.76% increase to $101.94 million, and the futures Open Interest (OI) rose 0.38% to $127.94 million. The derivatives volume also spiked 46.63% to $453.70 million, indicating significant investor enthusiasm.
Additionally, $WLD recently announced the integration of Safe, a non-custodial smart contract wallet, into World Chain, its native blockchain, enhancing user security.
Overall, Worldcoin's partnership with the Malaysian government marks a significant milestone, paving the way for further opportunities and solidifying its position in the AI-meets-crypto space.
$WLD
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