Medirom to Operate World ID in Japan, Shares Rally 10% Today

  • Medirom Healthcare Technologies Inc. will operate World ID verification sites across Japan under a master service agreement.
  • The rollout will use Medirom’s roughly 300 locations plus flagship and pop-up sites to scale quickly.
  • Deployment will use Orb devices and World’s privacy-preserving biometric methods to confirm humanness.
  • Investors reacted positively; shares rose about 10% in after-hours trading and retail sentiment on Stocktwits was “extremely bullish”.

Medirom Healthcare Technologies Inc. announced a master service agreement to operate World ID “Proof of Human” verification locations across Japan, making the company a principal operator for the project. The deal, disclosed Friday, links Medirom to the World initiative co-created by Sam Altman and Alex Blania and involves deployment of Orb devices to confirm users are human without revealing personal identities.

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Under the agreement, Medirom will run verification sites using World’s technology and hardware. The company plans to use its nationwide footprint of about 300 locations and add flagship and temporary pop-up sites in commercial and public spaces, backed by a new internal task force dedicated to the effort.

Definition — Biometric: a measurement of biological traits (such as facial features) used to identify or verify individuals.
Definition — Proof of Human: a system designed to verify that an online user is a human without exposing personal identity.
Definition — Blockchain: a distributed ledger technology that records transactions across a network.

The company said the initiative is expected to generate revenue over time through operating fees and related services as adoption grows. Shares of Medirom (MRM) rose about 10% in after-hours trading on the news, and retail commentary on Stocktwits showed “extremely bullish” sentiment amid “high” message volume; a user wrote they can see the stock “rallying” next week. For the Stocktwits sentiment image, see the MRM sentiment and message volume graphic: MRM sentiment and message volume.

The World project aims to address concerns that advances in AI make it harder to distinguish humans from bots by issuing anonymous World IDs that can be used across participating platforms. Tools for Humanity and the World Foundation led development of the system and identified Japan as a key market for expansion.

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