Palm-scanning Humanity Protocol emerges as new kid on the blockchain

Worldcoin has thus far been the most high profile project pursuing biometric digital identity on a global scale, but its status is being challenged by Humanity Protocol, a new venture that relies on palm biometrics for its blockchain-based digital identity system. The company has announced a valuation of $1 billion in a $30 million seed funding round led by Kingsway Capital. Web3 investment companies Animoca Brands and Blockchain.com and venture firm Shima Capital also participated. Funds will support hiring …

biometric biometrics biometrics news blockchain civil digital digital-identity far funding global high humanity identity national id palm palm biometrics profile project proof of personhood protocol scale scanning self-sovereign-identity system the company trade notes valuation venture worldcoin