Worldcoin partnership with PayPay, open AI before top-2 debut

Tools for Humanity, the brainchild behind Sam Altman's WorldCoin, is set to redefine the blockchain industry with World Chain. In this excellent development, the company is exploring possible partnerships with industry giants PayPal and OpenAI.

These initiatives mark WorldCoin's bold expansion into finance and artificial intelligence.

Worldcoin expands the business model

Alex Blanea, CEO of Tools for Humanity, hinted at the strategic alignment with OpenAI. While specific details are yet to be finalized, the partnership is a natural fit with their technology ambitions, he said.

Meanwhile, discussions are ongoing with PayPal, although no formal agreement has yet been reached.

“There are some natural things that we can and will do together, but nothing that we are ready to announce yet,” she said.

The anticipated partnership comes through Worldcoin's newest innovation, the World Chain. This is Ethereum's layer-2 network designed to prioritize human involvement over automated systems.

It prioritizes verified individuals in block space and gas allowance, making everyday transactions more accessible. Set for a summer debut, the network promises to increase transaction efficiency and increase user engagement using global proof of identity (PoP).

Read more: Where to buy Worldcoin (WLD): 5 best platforms for 2024

As WorldCoin approaches the launch of the WorldChain, expect how these partnerships will shape the future of decentralized technology, identity verification and financial transactions on a global scale.

With over 10 million users and 75 million transactions in less than a year, WorldCoin is quickly setting a new standard for blockchain technology.