Humanity Protocol raises $30M for palm-based digital identity
Humanity Protocol has secured $30M for its palm scan identity verification project. Palm scan tech offers secure, decentralized identity verification, disrupting traditional methods. Competition intensifies in the digital identity space as Worldcoin and Humanity Protocol go head-to-head. Humanity Protocol, a web3 digital identity startup, has secured $30 million in funding, catapulting its valuation to $1 billion. Utilizing palm scans for online identity verification, digital identity startup aims to revolutionize digital identity management. Palm scan technology in digital identity verification Humanity Protocol’s unique approach to digital identity verification involves the use of palm scans. Unlike traditional methods that rely on usernames and passwords, palm scans utilize infrared cameras to capture the unique vein patterns in an individual’s palm. This biometric data is then stored using decentralized technology and zero-knowledge proo...