Background
Polygon, Animoca Brands, and The Human Institute have teamed up to introduce a groundbreaking AI technology for identity verification.
Humanity Protocol: Proof of Humanity via Palm Recognition
Led by Terence Kwok, Humanity Protocol aims to establish Proof of Humanity in Web3 using palm recognition. This non-invasive method offers an alternative to traditional identity verification like iris scans.
Integration with Polygon CDK
Humanity Protocol seamlessly integrates with Polygon’s CDK, allowing for easy access via smartphones. It leverages the Proof of Humanity consensus mechanism and zero-knowledge proofs for security.
Applications
This technology opens doors to various applications, including:
- On-chain games
- Decentralized social media
- Enterprise DeFi solutions
- Faridrops
- Network States
- Real World Assets
- Decentralized Physical Infrastructure
User-Centric Approach
Yat Siu, Animoca Brands’ Executive Chairman, emphasizes the user-centricity of Humanity Protocol, addressing concerns about invasive identity verification methods.
Sybil Resistance and Decentralization
Sandeep Nailwal, Polygon’s Co-founder, highlights the protocol’s Sybil resistance and native integration of credentials into a decentralized validator node network.
Rewards and Ecosystem Growth
As the “human layer for Web3,” Humanity Protocol aims to onboard billions of users to the blockchain. Users can earn rewards by participating in the ecosystem.
MATIC Token Performance
Despite a recent retracement, Polygon’s MATIC token has shown positive gains over longer time frames.