World Network, the blockchain ecosystem co-founded by OpenAI CEO Sam Altman, is reportedly in discussions with Visa to develop innovative blockchain and biometric solutions aimed at enhancing digital payment security. The collaboration seeks to integrate on-chain card features into a self-custody crypto wallet, potentially transforming how users interact with digital currencies and traditional payment systems.
The partnership would enable users to make stablecoin-based payments across Visa’s global merchant network while leveraging World Network’s established biometric identification system. The integration would leverage World Network’s existing expertise in biometric verification technology, which has already been successfully implemented in gaming and digital identity verification applications.
According to sources familiar with the matter, the collaboration aims to transform the World Wallet into a comprehensive financial tool offering features such as foreign exchange trading, crypto transactions, and card-based spending. The news follows World Network’s recent expansion of its digital identity verification system in international markets, demonstrating the company’s commitment to advancing secure digital financial solutions.
Tools for Humanity, the company overseeing Worldcoin and World Network, has reportedly initiated requests for product proposals from card issuers and is engaging with crypto card facilitators like Rain, which has experience providing on-chain Visa cards for other blockchain projects.
The potential collaboration could significantly impact financial inclusion by providing banking-like services to individuals without access to traditional financial institutions, while simultaneously enhancing transaction security through the combination of blockchain technology and biometric identification.
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March 27, 2025 – by the ID Tech Editorial Team
