Humanity ProtocolHumanity Protocol is a network aimed at providing sybil-resistant blockchain solutions to authenticate the first billion users on the web. It offers developers tools for unique-human authentication, giving users full control over their data and identity. Strategic Round: N/A Seed Round: $30M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Humanity Protocol
Humanity Protocol is a zkEVM Layer 2 blockchain leveraging Polygon CDK and fortified by zero-knowledge cryptographic proofs to ensure network security. It incorporates a combination of non-invasive biometrics and Proof-of-Humanity technology to enable users to verify their identification without disclosing personally identifiable information. The project aims to enhance user verification in the Web3 space by leveraging palm recognition technology which is less invasive than iris scans and more accessible thanks to our countless devices.
Through the protocol’s Proof-of-Humanity technology, third-party applications are able to authenticate users directly on their devices. Some Web3 applications are increasingly adding in requirements for identity verification as part of efforts to increase security, comply with regulations, and create a user base of trustworthy individuals.
For example, Decentralized Physical Infrastructure (DePIN) systems might integrate identity verification to comply with regulatory bodies in different jurisdictions.
DetailsRaised: 30,000,000 USDLegalBlockchain Platform: EthereumRegistration year: 2023 |