Spain has become the largest Worldcoin operating market in Europe, according to a recent cheep of world currency. The tweet claimed that more than 20,000 people join World ID, Worldcoin’s proof-of-identity mechanism that protects anonymity, every month. This announcement comes just after Spain made substantial progress in the growth of its artificial intelligence (IA), situating Spain as a potential new hub for the EU’s AI business.

Sam Altman, CEO of OpenAI and founder of ChatGPT, co-founded the Worldcoin cryptocurrency, which has had an impact on the industry. In a recent Series C fundraising round spearheaded by Blockchain Capital, the company was awarded $115 million, further cementing his position as a major player in the cryptocurrency industry.

Using an AI-secure Proof of Personality (PoP) token, Worldcoin’s World ID is a global identification system that allows users to digitally prove their individuality and humanity.

Since the launch of World ID in Madrid just over a year ago, more than 150,000 Spaniards have registered, with more than 20,000 new registrations each month. Due to its rapid growth, Spain currently has the fastest growing Worldcoin market in the EU.

The growth of the AI ​​industry in Spain is the reason for the development of World ID there. Since 2020, Spain has reportedly made great strides in developing its AI industry. Modern technology has made it necessary to determine which Internet activity in Spain is related to people and which is not. In this situation, World ID is useful.

Adigital and Tech Barcelona, ​​two of the largest technology organizations in Spain, have joined Worldcoin’s collaborating team at Tools for Humanity (TFH), in addition to expanding World ID. This action strengthens Worldcoin’s dedication to promoting technical growth and human-centered AI.

Worldcoin’s goal, as stated on its official Twitter profile, is to create the world’s largest financial and identification network in which everyone has ownership. It seems that they are close to achieving this goal after the exponential expansion of World ID in Spain.