Humanity Protocol, a privacy-first blockchain identification community and a high-profile rival to Sam Altman’s WorldCoin, has launched the mainnet and debuted a system that connects acquainted Web2 credentials to a distributed Web3 service utilizing Zero-Information Transport Layer Safety (ZKTLS).
The introduction comes months after the Hong Kong-based startup co-led with Jumpcrypt and Pantera Capital to boost $20 million by elevating its valuation to $1.1 billion.
Humanity Protocol’s ZKTLS know-how permits customers to show that they’ve displayed verifiable data akin to job listings and airline loyalty standing with out revealing the underlying paperwork or pages.
Delicate information is not going to go away the consumer’s browser and keep away from privateness issues that meet the biometric method, together with WorldCoin’s IRIS scan mannequin.
Initially, vacationers can hyperlink ceaselessly flyers and loyalty accounts on to “Human ID” and create a conveyable fame layer that can be utilized in each Web2 and Web3 functions.
The community additionally helps monetary, schooling {and professional} {qualifications}. Sooner or later, we plan to deploy new regional node infrastructures, difficult over-chain tickets and distributed governance.
“Our mainnet launch transforms decentralized identities into actionable infrastructure,” says founder and CEO Terence Kwok. “With ZKTLS now dwell, anybody can see who they’re and what they’ve achieved on a number of platforms, however there isn’t a central social gathering private data.”
By counting on proof of encryption somewhat than bodily biometrics, human protocols are positioned as a extra privacy-conscious different to Worldcoin and different “proof of human” initiatives.
The structure of this community permits builders to construct civil resistant social platforms, reputation-based marketplaces and AI “human checks” with out gathering or storing delicate consumer information. Civil assaults happen when a person or entity creates a number of faux identities inside a community, typically permitting rewards akin to airdrops and unbalanced management of the community’s operations.
