In a move to reshape identity verification in Web3 applications, Polygon, in collaboration with Animoca Brands and The Human Institute, unveiled Humanity Protocol on Polygon chain Development Kit (CDK), integrating palm recognition technology as a cutting-edge solution. This initiative aims to establish Proof of Humanity while addressing concerns about invasive identity verification methods, such as iris scans, by providing a user-centric approach.
Humanity protocol leverages Polygon CDK
Under the guidance of tech entrepreneur Terence Kwok, Humanity Protocol operates with a council of Founding Humans, including Yat Siu, Co-founder and Executive Chairman of Animoca Brands, and Sandeep Nailwal, Co-founder of Polygon Labs. The protocol seamlessly integrates with blockchain technology, accessible through smartphones, offering a less invasive approach to identity verification. By leveraging Polygon CDK and zero-knowledge cryptographic proofs, Humanity Protocol ensures network security and identity validation. Through native, verifiable credentials within its network of decentralized validator nodes, the protocol aims to achieve true sybil resistance, positioning itself as a significant player in the blockchain ecosystem.
The collaboration between Polygon, Animoca Brands, and The Human Institute represents a convergence of expertise aimed at addressing the challenges of identity verification in decentralized applications. By integrating palm recognition technology, Humanity Protocol offers a more inclusive and accessible solution, catering to diverse user demographics globally.
Decentralized identity and rewards
Yat Siu emphasizes the user-centric approach of Humanity Protocol, highlighting its aim to provide a decentralized and inclusive ecosystem respecting principles of digital ownership. Sandeep Nailwal underscores the significance of Humanity Protocol as the world’s first truly Sybil-resistant blockchain ecosystem, integrating verifiable credentials into a decentralized validator node network.
With the upcoming launch of the Humanity Protocol Testnet, users can participate in the ecosystem and earn rewards. Designed to be the human layer of Web3, Humanity Protocol aims to add the first billion users to the blockchain as Web3 gets closer to reaching the one billion wallet milestone.
An important turning point in the creation of decentralized identification solutions has been reached with the opening of the Humanity Protocol Testnet. As users engage with the protocol and earn rewards, the potential for widespread adoption of Web3 applications becomes increasingly tangible. By incentivizing participation and rewarding users for their contributions, Humanity Protocol aims to create a vibrant and sustainable ecosystem that fosters true digital ownership and inclusivity.
Embracing palm recognition technology – A gateway to revolutionizing web3 identity verification
With Humanity Protocol’s innovative approach to identity verification and the integration of palm recognition technology, the landscape of Web3 applications stands on the brink of significant transformation. As the protocol aims to onboard billions of users onto the blockchain, the question arises: Will this technology truly revolutionize identity verification and pave the way for a more inclusive and secure blockchain ecosystem?
Source: https://www.cryptopolitan.com/polyg-identity-palm-recognition-technology/