Identity

April

Read

<ul> 
 <li>TON Society and HumanCode collaborate on a groundbreaking $5 million joint digital verification program.</li> 
 <li>Over the next five years, the initiative aims to provide digital identity verification for 500 million Telegram users.</li> 
 <li>The program employs palm scanning technology, ensuring secure, private, and efficient verification for users.</li> 
</ul> 
<p>TON, the Open Network, is making waves in the crypto world yet again, this time not with a new coin or a revolutionary blockchain concept, but with something even more fundamental – digital identity verification. Partnering with HumanCode, TON has embarked on a journey to redefine how we establish and <a href="https://blog.ton.org/human-code-brings-ai-powered-biometrics-to-ton-ecosystem">maintain digital identities</a>, and it’s doing so with a staggering $5 million joint program aimed at 500 million Telegram users.</p> 
<p>The premise is simple yet profound: leverage HumanCode’s cutting-edge palm scanning technology to securely and efficiently verify users’ identities on the network. This innovative approach not only promises enhanced security but also champions privacy, as all verification processes are conducted locally on users’ devices.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f508.png" alt="🔈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/ton_society?ref_src=twsrc%5Etfw">@ton_society</a> has partnered with HumanCode, an innovative AI technology company, to transform the way users verify their identity online!<br><br>TON Society offers 1M <a href="https://twitter.com/search?q=%24TON&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TON</a> in incentives for users to verify their identity <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b8.png" alt="💸" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Why does this matter? Let’s find out <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2b07.png" alt="⬇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/uZPFSXGkmF">pic.twitter.com/uZPFSXGkmF</a></p>— TON 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f48e.png" alt="💎" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@ton_blockchain) <a href="https://twitter.com/ton_blockchain/status/1777265080557596840?ref_src=twsrc%5Etfw">April 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Ekin Tuna, director of growth at <a href="https://cryptonewsland.com/toncoin-surges-over-100-telegrams-new-model-sparks-explosive-growth/">TON Foundation</a>, hailed the collaboration as a significant stride towards implementing practical reputation systems within the platform’s ecosystem. He emphasized the broader implications, stating that this initiative will fortify Telegram’s Web3 ecosystem for its massive user base.</p> 
<p>But what sets this initiative apart from conventional identity verification methods? Tim Zhang, founder of HumanCode, elucidates the intricacies of their technology, highlighting its robust security measures. The palm pattern extraction process, performed directly on the user’s device, ensures data privacy and prevents unauthorized access. Even in the event of a security breach, reconstructing a user’s palm pattern remains an insurmountable challenge, thanks to the encryption protocols and local verification processes.</p> 
<p>To incentivize adoption across the <a href="https://cryptonewsland.com/telegrams-toncoin-integration-transforming-channels-elevating-ton-price/">TON ecosystem</a>, the TON Society has introduced a lucrative incentive program, offering one million Toncoins, equivalent to $5 million, for Proof of Personhood adoption. This not only encourages participation but also underscores the ecosystem’s commitment to user empowerment and security.</p> 
<p>Moreover, Zhang stresses the versatility of palm verification technology, proposing its utility in combating bots and fake accounts on social networks. By tethering users’ digital identities to soul-bound tokens, the initiative ensures authenticity and transparency, heralding a new era of online trust.</p> 
<p>In essence, TON’s foray into digital verification symbolizes a paradigm shift in the crypto industry. It’s not merely about transactions or tokens; it’s about fostering a community built on trust and transparency. As the project unfolds, the future of TON seems brighter than ever, poised to reshape the crypto landscape with its innovative solutions and unwavering commitment to user-centricity.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/humanity-protocol-revolutionizes-web3-identity-with-palm-recognition-technology/">Humanity Protocol Revolutionizes Web3 Identity with Palm Recognition Technology</a></li>
 <li><a href="https://cryptonewsland.com/worldcoins-orb-verification-skyrockets-in-argentina/">Worldcoin’s Orb Verification Skyrockets in Argentina: A Single-Day Record of 9,500 Users</a></li>
 <li><a href="https://cryptonewsland.com/adobe-partners-with-opensea-to-launch-nft-verification-on-photoshop/">Adobe Partners With OpenSea to Launch NFT Verification on Photoshop</a></li>
 <li><a href="https://cryptonewsland.com/ai-chatbots-a-threat-to-critical-thinking-society/">AI Chatbots: A Threat to Critical Thinking &amp; Society?</a></li>
 <li><a href="https://cryptonewsland.com/blk-dnm-introduces-intelligence-into-clothing-with-blockchain-in-first-use-of-connected-fashion/">Blk DNM Introduces Intelligence Into Clothing With Blockchain, In First Use Of ‘Connected Fashion’</a></li>
</ul> 
<p>The post <a href="https://cryptonewsland.com/revolutionizing-digital-identity-ton-society-humancodes-5m-program-empowers-500m-telegram-users/">Revolutionizing Digital Identity: TON Society &amp; HumanCode’s $5M Program Empowers 500M Telegram Users</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Revolutionizing Digital Identity: TON Society & HumanCode’s $5M Program Empowers 500M Telegram Users

Crypto News Land

Otros artículos publicados el 9 abr 2024

2024 Roadmap

Arthur Hayes Says Crypto Assets Face A “Raging Firesale” Around The Bitcoin Halving As Fed Uses “...

Coinbase CLO Calls For Stablecoin Legislation Ahead Crypto Illicit Finance Trial

Shyft Network (SHFT) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Monad Labs Raises $225M In Funding Led By Crypto VC Paradigm

Euphoria in Crypto Markets Confirmed by Soaring Bitcoin Spot Volumes – Glassnode

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!