KEY ($0.00) TAKEAWAYS
- World launches its human-centered financial and identity network in Jakarta, Indonesia, aiming to enhance digital economy participation.
- The initiative aligns with Indonesia’s digital transformation goals, addressing AI-related challenges like financial fraud and misinformation.
- World’s technology, including World ID ($0.02) and Deep Face, enhances trust and privacy, empowering Indonesians in the digital space.
- Indonesians can access digital assets through the World App, with features like anti-fraud measures and monthly WLD token allotments.
World, the largest human-centered financial and identity network, has announced its launch in Indonesia, starting in the capital city of Jakarta. The rollout will extend to additional cities throughout 2025. This initiative introduces World’s innovative proof of human technology, aiming to provide Indonesians with secure, inclusive, and anonymous participation in the global digital economy.
The launch aligns with Indonesia’s vision for digital transformation and financial inclusion, fostering innovation that benefits both individuals and the national economy. The network’s mission is to empower Indonesians to responsibly prepare for the future of artificial intelligence (AI).
Preparing for the Future of AI
Indonesia, with its young and vibrant population, ranks among the top five countries globally for social media usage. This strong online presence has led to significant impacts from AI, including a 1,550% increase in AI-based financial fraud cases since 2022 and a rise in deepfake-powered misinformation.
World aims to address these challenges by leveraging its network, which includes over 23 million participants and 11 million verified humans. The network’s World ID, an Orb-verified digital identity, helps differentiate between real and AI-generated accounts, enhancing trust and combating misinformation online.
World’s Deep Face technology, powered by Face Auth, further aids in protecting Indonesians from deepfakes. H.E. Muhaimin Iskandar, Indonesia’s Coordinating Minister for Social Empowerment, emphasized the importance of integrating AI with trust and integrity, welcoming the initiative from Tools for Humanity (TFH), a contributor to the World Network.
Enabling Participation in the Digital Economy
Indonesia’s digital economy is projected to surpass $90 billion USD in gross merchandise value by 2024, marking it as a key driver of economic growth. The country has also seen a surge in interest in digital assets, highlighted by its leading global position in decentralized finance (DeFi) value received.
World facilitates access to this booming digital economy through the World App, a free, self-custodial digital wallet. The app allows users to explore and use digital assets easily and provides access to a growing ecosystem of Mini Apps for various activities.
Indonesians who verify their World ID at an Orb can also claim a free allotment of WLD tokens monthly over a year. Retailers benefit from World ID’s anti-fraud features, which help eliminate bots and expose local vendors to millions of potential new customers.
Empowering Indonesians
World prioritizes trust and privacy, ensuring that Indonesians retain full control of their digital data. The network uses advanced technologies like Anonymized Multi-Party Computation and zero-knowledge proofs to keep participants’ data private and actions anonymous.
World is committed to collaborating with key Indonesian partners, including the Foreign Policy Community of Indonesia, for initiatives like a nationwide AI essay competition. Discussions with the Presidential Communication Office are also underway to align with Indonesia’s strategic privacy and digital initiatives.
For more details, the full announcement can be found here.
Why This Matters: Impact, Industry Trends & Expert Insights
The launch of World’s proof of human technology in Indonesia is set to enhance the country’s digital economy and improve AI preparedness by providing secure and inclusive digital identity solutions.
Recent industry reports indicate that Indonesia’s digital economy is projected to exceed $130 billion by 2025. This aligns with the launch of World’s technology, which aims to integrate with and support Indonesia’s burgeoning digital landscape.
As per insights from Jordan Burris, digital identity verification is expected to have a breakout year in 2025 due to technological advancements and growing threats. This supports World’s initiative to use its network to enhance trust and combat misinformation in Indonesia’s digital ecosystem.
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