Animoca Brands and Polygon Labs Support Innovative Identity Tech

The Human Institute, alongside Animoca Brands and Polygon Labs, recently announced the introduction of the Humanity Protocol. This new initiative brings to the table an advanced palm recognition technology aimed at improving identity verification within the Web3 environment. By implementing zero-knowledge proofs, this technology prioritizes user privacy and data ownership.

Terence Kwok, a tech entrepreneur, is the driving force behind Humanity Protocol, which is supported by a council of Founding Humans. Notably, this council includes Yat Siu, co-founder and executive chairman of Animoca Brands, and Sandeep Nailwal, co-founder of Polygon Labs. The collaboration seeks to offer a more secure and private method for verifying digital identities.

Animoca Brands contributes its extensive expertise in digital property rights, playing a key role in the project’s development and guiding the team towards effective Web3 practices. Meanwhile, Humanity Protocol utilizes the Polygon CDK (Chain Development Kit) to enhance its efficiency and scalability, which is essential for creating ZK-powered Layer 2 chains on Ethereum.

In a statement, Yat Siu pointed out the limitations of existing Proof-of-Personhood technologies, saying, “Existing Proof-of-Personhood technologies can be invasive, complex, or burdensome. By leveraging the cutting-edge technology using non-invasive biometrics that lies at the core of the Proof-of-Humanity consensus mechanism, Humanity Protocol is building a user-centric ecosystem that can onboard millions to a verifiable digital identity solution that is truly decentralized and respects the principles of true digital ownership, in the process enabling better equity and inclusion for all participants.”

Adding to this, Sandeep Nailwal highlighted the unique position of Humanity Protocol within the blockchain ecosystem: “As the world’s first blockchain ecosystem to not only be truly sybil-resistant but also to natively integrate verifiable credentials into a decentralized validator node network, Humanity Protocol lays the foundation for a wide variety of blockchain and real-world applications to be built on top.”