In a pioneering move, the Human Institute, in collaboration with Animoca Brands and Polygon Labs, has unveiled Humanity Protocol, a groundbreaking blockchain ecosystem that introduces a new palm recognition technology for identity verification in Web3. Led by tech entrepreneur Terence Kwok, the protocol prioritizes user privacy and simplicity.
Read CRYPTONEWSLAND onHumanity Protocol leverages zero-knowledge proofs to bolster user privacy, allowing secure identity verification without revealing personal data. The protocol’s innovative palm recognition technology offers a less invasive alternative to traditional biometric methods like iris scans, accessible through smartphones, establishing Proof of Humanity in Web3 applications.
Animoca Brands, known for its expertise in digital property rights, has played a pivotal role in guiding the team on Web3 best practices. The protocol is further strengthened by Polygon CDK, enhancing scalability and efficiency. The user-centric approach ensures ease of use, reinforcing Humanity Protocol’s commitment to providing an inclusive and intuitive experience for Web3 users.
The zkEVM Layer-2 blockchain protocol, fortified by zero-knowledge cryptographic proofs, incorporates the Proof of Humanity consensus mechanism. This ensures network security and identity validation, making Humanity Protocol a sybil-resistant ecosystem. The protocol’s diverse applications range from on-chain games and Decentralized Social Media (DeSO) to enterprise DeFi solutions and Real World Assets (RWA).
Yat Siu, Co-founder and Executive Chairman of Animoca Brands, highlighted the non-invasive biometrics core to the Proof-of-Humanity consensus mechanism, emphasizing its potential to enable digital identity solutions that are decentralized and respect principles of true digital ownership.
Sandeep Nailwal, Co-founder of Polygon, praised Humanity Protocol as the world’s first blockchain ecosystem to integrate verifiable credentials into a decentralized validator node network, laying the foundation for diverse applications.
With the impending launch of the Humanity Protocol Testnet, users can soon onboard and start earning rewards. Positioned as the human layer for Web3, Humanity Protocol aims to onboard the first billion humans onto the blockchain, marking a significant milestone as Web3 approaches one billion wallets created.
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