Worldcoin and Alchemy collaborate to introduce the World Chain.

Worldcoin and Alchemy collaborate to introduce the World Chain.
Worldcoin and Alchemy collaborate to introduce the World Chain.

Worldcoin and Alchemy collaborate to introduce the World Chain.

In order to introduce its new blockchain, World Chain, a digital identity platform and cryptocurrency project, has partnered with Web3 infrastructure platform Alchemy.

The new blockchain is a platform whose primary use cases are digital identification and decentralized finance (DeFi), with the goal of providing practical usefulness to the worldwide community.

According to a statement from the two organizations, Worldcoin will take advantage of Alchemy’s Web3 infrastructure for dependable performance and community-driven expansion.

Human-powered blockchain: World Chain

Declaring that World Chain will be a blockchain for everyone, the World Coin announced the launch of World Chain. The platform interfaces with Ethereum, Coinbase, and other Superchain networks and is based on Optimism’s OP Stack.

In April, Worldcoin announced that the authentication system for World Chain’s proof of personhood technology would be designed to discourage bots and be suited for human use. Therefore, when it comes to blockspace and gas allowance, verified users will have precedence.

Developers will be able to contact millions of genuine people with applications that improve everyday life and have practical utility because to the project’s emphasis on authenticated humans.

project aims to reach 10 million users of World App

According to the companies, World Chain can launch at scale and reach over 10 million World App users thanks to its cooperation with Alchemy.

As stated in today’s release, World Chain developers will utilize Alchemy’s solution to gain access to indexing services, data APIs, and other essential technologies to power global apps intended for daily use.

Account abstraction infrastructure is one of the tools, and it is essential to the safety and security of self-custodial wallets.

Noam Hurwitz, the technical lead at Alchemy, stated, “We’re excited to partner with Worldcoin to deliver essential infrastructure and foster developer growth for World Chain.”

“With more than six years of demonstrated expertise guaranteeing uptime for significant web2 and web3 businesses, Alchemy is ideally positioned to support the more than 10 million World App users at launch,” he continued.

A developer preview of World Chain is scheduled for release soon, according to Worldcoin. As a result, initiatives will be able to begin developing on the blockchain before the chain’s official launch later this year.

Related posts