What is Humanity Protocol? Overview of Humanity Protocol Project

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In the digital era and the explosion of artificial intelligence, verifying human identity in cyberspace is becoming increasingly urgent and complex. Humanity Protocol – a breakthrough Layer 2 zkEVM blockchain project – was created to solve this problem by combining palm biometric technology with Proof of Humanity (PoH) mechanism, creating a decentralized identification system that is secure, transparent, and respects user privacy. This article will provide a comprehensive overview of Humanity Protocol, from its operating mechanism, development roadmap, to potential applications and tokenomics, helping you better understand this promising project in the cryptocurrency field. What is Humanity Protocol? Humanity Protocol is an advanced Layer 2 zkEVM blockchain solution developed to address human identification challenges in an increasingly complex digital space, especially as artificial intelligence (AI) continues to develop strongly. The project builds a decentralized identity (DID) ecosystem, allowing users to confirm they are real humans without revealing personal data through palm scanning technology combined with Proof of Humanity (PoH) mechanism. Through PoH, users have control over their personal data, ensuring absolute safety when participating in decentralized financial activities (DeFi). Humanity Protocol has completed the Testnet phase with over 2 million Human IDs registered and has deployed a community gratitude Airdrop. In parallel, the project established the Humanity Foundation in the Cayman Islands to develop the ecosystem and promote PoH-based solutions. [The rest of the translation follows the same professional and accurate approach, maintaining technical terminology and preserving the original meaning.]

Investors

  • 28/02/2024: Strategic round capital raising with participation from major funds such as Sandeep Nailwal, Hashed Fund, Mechanism Capital, Foresight Ventures, Cypher Capital, CMCC Global.
  • 15/05/2024: Successfully raised 30 million USD in Seed round with a valuation of 1 billion USD, led by Kingsway Capital along with funds Hashed Fund, Shima Capital, Paul Taylor, Blockchain.com, Animoca Brands.
  • 27/01/2025: Continued to raise an additional 20 million USD in Strategic round with valuation increased to 1.1 billion USD, with participation from Pantera Capital and Jump Crypto.

Team

Terence Kwok – Founder

An experienced entrepreneur who was Founder & CEO at Tink Labs (Hong Kong) for over 7 years (2012–2019).

Terence has led the development of technology solutions serving the hospitality and tourism industry, connecting users with smart services.

Since August 2023, he has continued entrepreneurship with a secret project in the United Kingdom related to human verification, while also serving as a full-time Founder.

Development Roadmap

Phase 1

  • Build an identity verification system based on palm biometrics.
  • Users use smartphones to capture color palm images, then AI application analyzes unique individual characteristics to create a unique personal identity.

Phase 2

  • Convert palm data into a digital biometric signature.
  • This signature, along with related information, is issued as a Verifiable Credential (VC) – a highly reliable digital certificate that helps users authenticate identity safely without revealing sensitive data.

Project Information Channels

Conclusion

Humanity Protocol opens up a breakthrough approach in building a decentralized identification system, combining palm biometrics and zero-knowledge proof technology to create a digital identity that is both secure and transparent, while being user-friendly.

The ability to verify identity without revealing personal data enables Humanity Protocol to have extensive application potential in fields such as decentralized finance, education, gaming, and other digital technology services, promising to create a revolution in how humans connect and transact on digital platforms.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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