Summary
TLDR: The Human Institute and Animoca Brands are launching a new palm recognition project called the Humanity Protocol, which aims to provide decentralized digital identity solutions while preserving data sovereignty. This project may compete with Worldcoin’s iris scanning method for data rights. Worldcoin has faced criticism for data privacy concerns and regulatory issues in Kenya and India.
Key Points
1. The Human Institute and Animoca Brands are launching a new human identity project that uses palm recognition instead of iris scanning. The project may compete with Worldcoin in the area of data rights and will be available for third-party applications in the near future.
2. A new palm recognition project will use a Proof of Humanity consensus mechanism that preserves users’ identities and data sovereignty.
3. The Humanity Protocol uses the Polygon Labs’ Chain Development Kit to develop a blockchain that can resist a Sybil attack. According to the organization, the new product combines the digital rights expertise of Animoca with new blockchain technology. Animoca’s co-founder, Yat Siu, says the non-invasive protocol will be crucial to the next wave of decentralized products.