World Network, the blockchain -based ecosystem built to extend the functionality of the WorldCoin Biometric Identification System, is in conversations with the giant card visa to link the characteristics of the card in the chain to a Crypto Crypt Bill of Self -Constody, according to a person familiar with the plans.
The objective is to bring the functionality of the visa card to the world network wallets, deliver a range of applications Fintech and FX, fiduciaries, in addition to allowing Payments based on Stablecoin to thousands of merchants worldwide are part of the Visa network.
Tools for Humanity, the company co -founded by the CEO of Open AI, Sam Altman, which Supervises Worldcoin and World Network, sent a product form request to card emitters, which was seen by Coendesk.
World Network has been in conversations with cryptographic card facilitators such as Rain, a company backed by Coinbase and Circle that provides chain visa cards for projects such as Optimism and Avalanche.
“The plan is to build a full connected wallet strategy so that it can exchange all kinds of things, from FX to cryptography, load and wallet, send to the wallet, spend from the card,” according to a familiar source with the plans. “Basically to turn the world wallet into a banks mini account for anyone who wants it.”
Given Altman’s resources and the general influence, “other wallet suppliers should be worried,” added the source.
Earlier this month, World Network announced a world chat application and the ability to send money in the form of cryptography -based transactions among users on the network.
Worldcoin, the Iris scanning orb that collects biometric data for the network, has attracted more than its fair part of controversy since it appeared in 2021.
Large card networks such as Visa and Mastercard have been working with cryptographic projects and wallet companies to explore ways in which their large networks can overlap in a useful way with the world of digital assets.
The tools for humanity declined to comment. The rain also declined to comment. Visa did not provide a comment for publication time.
