Worldcoin has revealed a strategic partnership with Alchemy to establish the infrastructure for World Chain, its new blockchain dedicated to digital identification. Alchemy, a prominent web3 development platform, will integrate World ID into its suite of tools, making it accessible to developers globally. This collaboration aims to embed World Chain into the Worldcoin protocol and align it with Optimism, Coinbase, and the broader Ethereum ecosystem, contributing to an interconnected blockchain network referred to as the Superchain.

Enhancing Digital ID Verification

First announced in April, World Chain is intricately linked to Worldcoin’s digital ID system, which uses iris biometrics to verify that each user is a real human and not a bot or duplicate account. This biometric verification system is designed to enhance security and authenticity within the blockchain environment.

World Chain will prioritize blockspace and provide a free gas allowance to holders of verified World IDs. This ensures that the blockchain remains optimized for real users rather than bots. Blockspace refers to the data capacity of a blockchain transaction block, while gas allowance measures the computational effort required for executing transactions, often involving fees paid to miners for processing these transactions.

Developer Opportunities and Ecosystem Growth

The collaboration with Alchemy will allow developers to create applications specifically for verified users. Currently, there are over 5.8 million orb-verified World ID holders and more than 10 million downloads of the World App worldwide. Transitioning from OP Mainnet to World Chain will establish the new platform for World ID and the World App, offering developers a robust foundation for building secure applications.

The partnership provides developers with access to Alchemy’s comprehensive web3 platform, which includes APIs, indexing solutions, and essential tools for application development. This infrastructure will also enhance the security of self-custodial wallets, ensuring that user data and transactions are protected.

A preview version of World Chain for developers is expected to launch soon, enabling them to begin building on the blockchain in preparation for its full launch later this year. This preview will allow developers to familiarize themselves with the new platform and start creating innovative applications that leverage the enhanced security and verification features of World Chain.

Conclusion

The partnership between Worldcoin and Alchemy marks a significant advancement in the development of a secure and user-friendly digital ID blockchain. By integrating World ID into Alchemy’s toolset, the collaboration aims to provide developers worldwide with the resources they need to build innovative applications for verified users. The transition to World Chain from OP Mainnet will not only optimize the blockchain for real users but also contribute to the larger interconnected network known as the Superchain. With over 5.8 million verified World ID holders and a strong developer community, the launch of World Chain is set to enhance the digital ID landscape and offer new opportunities for secure, efficient application development.

Source : CoinTrust - Jun 27, 2024