Decentralized Identity Project Humanity Protocol Launches Humanity Foundation

Humanity Protocol, a strong competitor to the digital identity project World, has taken a step closer to its token generation event by introducing the Humanity Foundation. Led by key figures including Animoca Brands chairman Yat Siu, the foundation aims to drive the ecosystem of the Humanity Protocol. This project focuses on decentralized identity (DID) and zero-knowledge proofs (ZK-proofs) to allow users to verify their identities without revealing personal data. Through biometric technology, users can enhance their verified identities with additional credentials like education and employment history. The foundation's founding directors also include Mario Nawfal and Yeewai Chong, who emphasized the importance of biometrics in building a secure identity system. Humanity Protocol's technology ensures that individuals have full control over their information, with biometric data encrypted and stored securely. The project's roadmap includes the introduction of palm recognition technology for Web3 verification, distinguishing it from its competitor, World, which uses iris biometric technology.