Sheldon Reback is a CoinDesk news editor based in London. He owns a small amount of ether.
The protocol uses palm scans and a consensus mechanism it calls Proof of Humanity to uniquely verify a user's identity within a decentralized system. Worldcoin, co-founded by Sam Altman, has similar aims and went live last July using a"Proof-of-Personhood is a powerful concept but the solutions that exist today haven't seen adoption because onboarding is invasive and high friction." founder Terence Kwok said in the post.
The team at Humanity Protocol plans to use the funds for hiring and product development. A public testnet launch is planned for the second half.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
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