Worldcoin (CRYPTO:WLD), led by OpenAI founder Sam Altman, introduces World Chain, a layer-2 Ethereum (CRYPTO:ETH) blockchain emphasising human verification through iris-scanning technology.

The project prioritises verified humans over AI bots, offering special treatment to users authenticating via the "orb" device for a "World ID" digital passport.

Leveraging the OP Stack framework, World Chain aims to reduce fees and increase transaction speeds compared to Ethereum, catering to growing demand for accessible and efficient blockchain solutions.

The move to an independent chain grants developers greater control over the project and potential cost reductions for users.

Despite initial privacy concerns and criticism, Worldcoin iterates on its technology, achieving significant transaction volume and growth.