Worldcoin adds crypto transfers and chat to its app

Worldcoin (WLD) has updated its proprietary app to include a cryptocurrency transfer function and an encrypted chat feature, according to a report from TechCrunch. The transfer feature supports virtual accounts, enabling users to receive salaries and deposit or withdraw cash. The new chat function, called World Chat, includes a tool to verify whether a user has been authenticated by Worldcoin. A representative for the project explained that the update is designed to increase user interaction and that the company plans to simplify its iris authentication process in the future to lower the barrier to verification.