According to a recent tweet by Worldcoin, Spain has become the company’s largest operating market in Europe. According to the tweet, more than 20,000 people sign up each month for World ID, Worldcoin’s proof-of-personhood method that preserves anonymity. This statement comes as Spain has made significant strides in the development of its artificial intelligence (AI) sector, positioning Spain as a potential new hub for the EU’s AI enterprise.
Sam Altman, CEO of OpenAI and inventor of ChatGPT, co-founded Worldcoin, a cryptocurrency that has made waves in the sector. The company got $115 million in a recent Series C investment round led by Blockchain Capital, cementing its status as a major participant in the cryptocurrency market.
Worldcoin’s World ID is a worldwide identifying system that uses an AI-safe proof of personhood (PoP) credential to allow individuals to digitally establish their individuality and humanity. Since World ID’s introduction in Madrid a little more than a year ago, more than 150,000 Spaniards have signed up, with over 20,000 new registrations occurring each month. Spain now boasts the EU’s fastest-growing Worldcoin market, thanks to its rapid expansion.
The development of World ID in Spain is due to the rise of the country’s AI industry. Since 2020, Spain is said to have made significant strides in the development of its AI industry. Modern technology has made it necessary to distinguish which internet activity in Spain is tied to persons and which is not. World ID can very handy in this circumstance.
.Adigital and Tech Barcelona, two of Spain’s most important technological firms, have joined Worldcoin’s contributing team at Tools for Humanity (TFH), as well as extending World ID. This action demonstrates Worldcoin’s commitment to fostering technological advancement and human-centric artificial intelligence. According to their official Twitter profile, Worldcoin’s mission is to develop the largest financial and identity network on the planet, with everyone having ownership. Based on the exponential growth of World ID in Spain, it appears they are on the verge of achieving this goal.