
Humanity Protocol
Humanity Protocol offers diverse token rewards from its ecosystem, leveraging its unique humanity verification system to attract L3 and DApp partners.
Date | Investors | Amount | Round |
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- | investor investor | €0.0 | round |
investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
investor investor investor investor investor | €0.0 Valuation: €0.0 | round | |
* | $20.0m Valuation: $1.1b | Early VC | |
Total Funding | 000k |
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Humanity Protocol is a decentralized identity solution built on a blockchain network. The protocol utilizes a Proof-of-Humanity consensus mechanism that incorporates palm recognition technology to establish a user's unique identity. This approach is designed to be resistant to Sybil attacks, where a single entity could create multiple fake identities, by ensuring that each digital identity is tied to a unique human user.
The system allows for the creation of decentralized identities (DIDs) and the issuance of verifiable credentials (VCs). This enables users to verify their identity across different applications without revealing unnecessary personal information, leveraging zero-knowledge proofs to maintain privacy. The platform offers a developer API, allowing businesses to integrate the identity verification system into their own applications. This can be used for various purposes, such as ensuring fair token distributions (airdrops) and preventing bot activity.
The protocol operates in the Web3 and decentralized technology market, providing a foundational layer for applications that require a robust and secure method of human identity verification. While the specific revenue model is not detailed, the presence of a native token and developer tools suggests a transaction-based or service-fee model for businesses utilizing the protocol.
Keywords: decentralized identity, proof of humanity, palm recognition, zero-knowledge proofs, sybil resistance, verifiable credentials, blockchain, digital identity, web3, biometric verification
Investments by Humanity Protocol
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