In collaboration with Animoca and Polygon, Human Institute has launched Humanity Protocol, a biometric palm recognition technology that ensures privacy, authenticates Web3 users, and boosts adoption.
The Polygon chain development kit (CDK) testnet was where Humanity Protocol debuted on February 20, according to a press release that Polygon Labs and Animoca Brands collaborated to develop the protocol.
Humanity Protocol, which Chung Yin and Terence Kwok co-founded, endeavors to provide an alternative to biometric verification techniques like less intrusive iris scanning.
Yat Siu, executive chairman and co-founder of Animoca Brands, asserts that proof-of-personhood solutions frequently impose an intrusive and onerous burden on users, unlike Humanity Protocol, which will facilitate greater user inclusion and equity. As Siu composed:
“Humanity Protocol is constructing a user-centric ecosystem capable of onboarding millions to a verifiable digital identity solution that is genuinely decentralized and upholds the principles of authentic digital ownership by leveraging the cutting-edge technology incorporating non-invasive biometrics that forms the basis of the proof-of-humanity consensus mechanism.”
On February 13, three months after its launch, 40,000 individuals registered with Humanity Protocol.
The foundational layer 2 of the protocol, known as the Polygon CDK, strengthens network security by utilizing zero-knowledge proofs (ZK-proofs) and implements the proof-of-humanity (PoH) consensus mechanism to verify identities.
ZK-proofs are cryptographic protocols that facilitate the demonstration of particular information to another user without disclosing said information.
Nickita Uriupin, the founder of Exverse, posits that progress in privacy-preserving technologies such as ZK-proofs may facilitate the widespread adoption of Web3 technologies. He said:
“In the era of ubiquitous personal data leaks, proved by time, calculations, and billions of dollars in trading volume, Web3 solutions will bring even more confidence for Web2.”
Based on IT Governance’s data, 2023 witnessed a cumulative count of 2,814 reported data breaches, which compromised more than 8.2 billion known documents.
Humanity Protocol, unlike Web2 data administration systems, grants users absolute ownership of their data. Sandeep Nailwal, the co-founder of Polygon, asserts that the protocol will facilitate the development of numerous novel applications. His writing was:
“As the world’s first blockchain ecosystem to not only be truly sybil-resistant but also to natively integrate verifiable credentials into a decentralized validator node network, Humanity Protocol lays the foundation for a wide variety of blockchain and real-world applications to be built on top.”
