Human

Identity

Security

Polygon

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/humanity-protocol-debuts-biometric-palm-recognition-for-enhanced-web3-identity-security">Humanity Protocol Debuts Biometric Palm Recognition for Enhanced Web3 Identity Security</a><br></p>
<p style="text-align: justify"> The Human Institute has unveiled the Humanity Protocol, a groundbreaking technology that leverages biometric palm recognition to ensure privacy-conscious identity verification in the Web3 space. This novel solution, created with input from both Animoca Brands and Polygon Labs, promises a less intrusive form of biometric authentication compared to traditional methods like iris scans. Launched on the Polygon chain’s development kit (CDK) testnet, the Humanity Protocol offers a potential paradigm shift for digital identity management, prioritizing user privacy and inclusivity. </p> 
<h2 id="new-approach-to-digital-identity">New Approach to Digital Identity</h2> 
<p style="text-align: justify"> Animoca Brands’ Yat Siu highlights Humanity Protocol’s potential to foster equality and inclusivity within the ecosystem. Unlike existing identity solutions that can be problematic, the new protocol employs cutting-edge technology, integrating biometric data within its KYC scanning consensus mechanism. This initiative aims to establish a user-centric community that upholds the ideals of true digital ownership and decentralized principles. </p> 
<h2 id="technological-innovation-and-security">Technological Innovation and Security</h2> 
<p style="text-align: justify"> The infrastructure of Humanity Protocol is built on the robust Layer-2 network of Polygon CDK, which incorporates zero-knowledge proofs to bolster network <a href="https://en.bitcoinhaber.net/us-south-korea-and-japan-discuss-north-koreas-cryptocurrency-heists-in-security-meeting">security</a>. At the heart of the system is the Proof of Humanity (PoH) consensus mechanism, a key innovation for verifying identities securely and privately. </p> 
<p style="text-align: justify"> Nikita Uriupin of Exverse believes that privacy-preserving technologies such as zero-knowledge proof solutions are essential for Web3’s broader acceptance. These technologies represent a leap forward in building trust over the widely criticized Web2 protocols, which have been plagued by constant data breaches. In 2023 alone, over 2,800 data breaches were reported, leading to the compromise of more than 8 billion documents. </p> 
<p style="text-align: justify"> Humanity Protocol not only empowers users with full control over their personal data but is also seen as a foundational technology by Polygon’s co-founder, Sandeep Nailwal. With its bot-resistant features and capacity to integrate verifiable identity credentials into a decentralized network, the protocol is set to enable a plethora of new applications and use cases in both the blockchain and real-world contexts.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/humanity-protocol-debuts-biometric-palm-recognition-for-enhanced-web3-identity-security">Humanity Protocol Debuts Biometric Palm Recognition for Enhanced Web3 Identity Security</a></h5>

Humanity Protocol Debuts Biometric Palm Recognition for Enhanced Web3 Identity Security

Table of Contents

BH NEWS

Other articles published on Feb 20, 2024

Wanchain Brings Cardano and EVM Together

Bitcoin holdings on Coinbase hit nine-year low amidst whale transfers

Preorder Solana mobile for $450 or flip your same investment into $45,000 with this rival coin

Sam Bankman-Fried’s prison photo reveals the transformation

Ripple vs. SEC Climax: Key Date Shifted, Settlement Looms as Deadline Nears

The "AI" Movement Initiated by the Artificial Intelligence Company OpenAI Caused the Sharp Rise o...

Join our free newsletter for daily crypto updates!