Worldcoin’s WorldID to arrive on Solana via Wormhole grant

Share This Post

The Worldcoin Foundation announced a $70,000 grant to Wormhole to support WorldID verification on the Solana blockchain.

In a June 27 statement, Worldcoin said the ID integration effort will “equip the Solana ecosystem with a much-needed tool” for proving humanness.

The grant awards 25,000 WLD to Wormhole.

Wormhole described the grant in greater detail, stating that it will seamlessly allow Solana-based protocols to verify user IDs previously authenticated on the Ethereum blockchain.

To do so, Wormhole Queries in an Ethereum-Solana state bridge service will propagate World ID state roots between chains. The state bridge service will monitor the World ID contract and securely transfer changes to Solana, where a smart contract stores World ID state roots and validates inclusion proofs.

Benefits of integration

Wormhole described several benefits related to the integration. The approach will allow for new use cases and demonstrate the versatility of Wormhole’s multichain infrastructure.

Furthermore, the integration aims to make verification easy for developers and ensure forward compatibility with future updates and improvements in verification methods.

The effort also aims to enhance security and decentralization by ensuring ID verification is carried out in a manner that preserves privacy. It will also improve cross-chain interoperability by allowing more decentralized apps to interact with identity verification systems on Ethereum.

Finally, the initiative aims to grow financial inclusion by supporting Worldcoin in providing universal access to the digital economy by serving ID users worldwide.

Other Worldcoin grants

The Worldcoin Foundation has announced 16 grants worth 289,000 WLD in total.

Other grantees include Axiom, Proof of Passport, Farcaster Humaniser, Alphaday, Only Dust, Encode Club, zkSnap, TACEO, Cometh, Herodotus, World Poll, Agora, Fuzzing Labs, Satori, and BBB & Company.

TACEO previously contributed to Worldcoin’s data collection revamp.

The recipient projects are tasked with strengthening the Worldcoin ecosystem in various ways, from research and development to educational and outreach efforts.

The post Worldcoin’s WorldID to arrive on Solana via Wormhole grant appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Zambia Working on Establishing an AI Framework, Says Minister

Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy Sarah

Ethereum Spot ETF: Bloomberg Analyst Extends Deadline For Launch

Bloomberg analyst Eric Balchunas has shifted his projected deadline for the launch of Ethereum Spot ETFs in the United States This development comes following comments by the US Securities and

Bitcoin Records Surge In Retail Investors – Is A Price Rebound On?

According to data from CoinMarketCap, the price of Bitcoin declined by 525% in the past week falling below the $60,000 mark This price dip adds to the string of negative performances in the last

Bitcoin Tops Michael Dell’s Poll on X, Outshining AI and Love With Over 64,000 Votes

Dell CEO Michael Dell recently conducted a poll asking people to identify the most important factor among artificial intelligence (AI), love and relationships, and the crypto asset network Bitcoin

Uplink CEO: Depins Enable Companies to ‘Bootstrap the Deployment Stage’

Decentralized Physical Infrastructure Networks (Depins) have the potential to connect companies or projects in markets or locations with limited internet connectivity, all without requiring telecom

Unlocking Value: Fair Price Discovery, the Role of Market Makers

Getting a token from inception to market is no mean feat and more often takes years of planning and commitment Achieving fair price discovery and stability requires just as much commitment and energy