WorldCoin Humanity Protocol rivals debut $ 1.1B mainnet for Privacy-First Web2 on Web3 identification
The Humanity Protocol, a privacy-first blockchain identity network and high-profile rival to Sam Altman’s Worldcoin, fired its mainnet, debuting a system that links familiar web2 credentials to decentralized web3 service (Zktls).
Introduction will come just months after the Hong Kong -based startup raised $ 20 million in a fund chaired by Jump Crypto and Pantera Capital, raised it Appreciation of $ 1.1 billion.
The ZKTLS technology of the Humanity Protocol allows users to prove that they have viewed proven information, such as the work of the plane’s job honesty, without announcing the underlying document or page.
Sensitive data never leaves the user’s browser, avoiding privacy concerns riding biometric techniques, including the WorldCoin scanning model.
Initially, travelers would link frequent flyers and loyalty accounts directly to their “Human ID,” creating a portable reputation layer available in both web2 and Web3 applications.
The network also supports financial, educational and professional credentials. In the future, it plans to roll out the node infrastructure in new regions as well as ventures on on-chain tickets and decentralized management.
“Our Mainnet release turns decentralized identity to practical infrastructure,” said founder and CEO Terence Kwok. “In the ZKTLs today are living, anyone can confirm who they are and what they have achieved on many platforms, but no central party has yet to see their personal information.”
By expecting proof that cryptographic rather than physical biometrics, the position of humanity’s protocol itself is a more alternative to worldcoin privacy and other “proof-of-human” projects.
Network architecture allows developers to develop social-resistant social platforms, reputation-based markets and “mankind” checks “without collecting or storing user sensitive data. An attack on the Sybil occurs when a person or creature creates many fake identities within a network, often to get a reward such as an airdrop or incredible control of the operations of a network.
