The Worldcoin project made an announcement recently, revealing the launch of their new World App. The application dubbed the minimalist wallet is designed to bring decentralized identity and finance to the masses. 

According to Worldcoin, the World App is designed for simplicity and engineered for privacy and inclusivity. It allows users to prove their personhood with World ID, claim Worldcoin Grants, send money to anyone for free, and explore crypto tokens. Over time, it will evolve to empower individuals in the Age of AI, built on top of the largest network of real humans.

“World App, the first wallet for the Worldcoin ecosystem, is launching today. It’s designed to be friendly, and it supports private digital identity and a new financial system. You can use it to authenticate with World ID to prove you’re a real person, get your Worldcoin tokens, and send digital money anywhere,” the announcement further states.

The new World App will also feature a crypto wallet that will utilize Worldcoin’s native token, as well as Bitcoin (BTC) and Ethereum (ETH).

The announcement also revealed that over 1.5 million people have already joined the World App’s beta phase, and the app will now be available in more than 80 countries. This initial rollout is being referred to as Phase I, with plans to expand the application into a comprehensive toolkit in the future. The project’s ultimate goal is to provide universal basic income (UBI) to verified users.

The World App is available on both iOS and Android operating systems, and it was developed by Tools For Humanity (TFH), a technology company built to ensure a more just economic system. According to the TFH web portal, the company is dedicated to using Worldcoin technology to achieve this goal. Before unveiling the World App, Worldcoin introduced the World ID, an identification protocol that relies on iris recognition and claims to be resistant to AI manipulation. The project employs zero-knowledge (ZK) proofs that are linked to biometric data scans.