Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Ethereum sees $ 205 million inflow after Pectra Upgrade Sparks Investor Confidence

2025-05-20

Milei closes Libra Task Force and investigates ties with its administration

2025-05-20

Ethereum: What you need to know about the 10-year low exchange stock of ETH

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

    2025-05-20

    Basic, BNB chain, Ethereum and others

    2025-05-20

    What are tokenized real-world assets? Put physical value on the chain with RWAS

    2025-05-20

    Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

    2025-05-20

    Taiko Alethia launches the most expected Pacaya Hardfork -upgrade on MAINNET

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20

    Ethereum -price flashes bullish signal, but can it flow through obstacles?

    2025-05-20

    XRP Price Eyes Winins, but technically suggests that upsides can be limited

    2025-05-20

    Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

    2025-05-20

    Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

    2025-05-20
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Humanity Protocol Secures Funding from Top Crypto VCs for Web3 ID Solution
Blockchain

Humanity Protocol Secures Funding from Top Crypto VCs for Web3 ID Solution

2024-02-29No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Polygon-backed Humanity Protocol has secured strategic investments from more than 20 crypto venture capital firms for its privacy-focused Web3 identity solution. Hashed, CMCC, Cypher Capital, Foresight Ventures and Mechanism Capital are among the few crypto VCs that have invested in the Humanity Protocol, according to a press release shared with CryptoNews.

The funding is intended to support the development and deployment of the Humanity Protocol technology, which aims to establish “Proof of Humanity” within Web3 applications.

The company did not disclose the total amount of strategic funding raised from these crypto VCs.

Humanity Protocol for scaling ZKP-powered palm recognition technology

Humanity Protocol builds on the use of palm recognition technology alongside zero-knowledge proofs, aiming to provide an easy-to-use and privacy-protective approach to digital identity verification.

Humanity Protocol believes its privacy-focused digital ID solutions will have a significant impact on the way individuals interact with digital services, especially in the context of growing concerns around artificial intelligence and data security.

Terence Kwok, founder of the Humanity Protocol, stated:

“Our core belief is that technology should empower people, not limit them. With the support of these leading investors, we are not just building an ecosystem; we promote a movement towards a secure and inclusive digital future for all. This funding marks a critical step in our journey to bring our people-centric blockchain to the world, putting individuals in control of their digital identities and prioritizing privacy.”

The secured funds will be used to accelerate the development and adoption of the Humanity Protocol, focusing on scalability, efficiency and user accessibility. This includes preparing for the launch of their testnet, allowing users around the world to experience the technology first-hand.

See also  AILayer partners with XStar to revolutionize Web3 identity authentication

It is notable that crypto veterans also participated in the fundraising, including Yat Siu and Sandeep Nailwal.

Source link

Crypto Funding Humanity Protocol Secures solution Top VCs Web3
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The Supreme Court of India calls for clear crypto guidelines not outright prohibition

2025-05-20

BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

2025-05-20

If you have $ 5000 and want to change $ 5 million by 2028, which are the best altcoins to buy? Top 5 contenders

2025-05-20

Basic, BNB chain, Ethereum and others

2025-05-20
Add A Comment

Comments are closed.

Top Posts

Singaporean OCBC bank launches fractional tokenized bonds for companies

2025-01-09

Dogecoin (doge) is stuck in the dark – what does the recovery stop?

2025-02-19

Bitcoin Dives Below $27,000, Which Holder Groups Are Selling?

2023-05-12
Editors Picks

The Fed blinked with blinkers

2025-03-20

President Trump eliminates SAB 121, allowing banks to allow bitcoin and crypto assets

2025-01-23

Will Bitcoin Recover From THIS $78.5 Million Whale Sale? Statistics suggest…

2024-09-07

Ontology (ONT) Price Prediction 2024 2025 2026 2027

2024-05-17
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Ethereum sees $ 205 million inflow after Pectra Upgrade Sparks Investor Confidence

Milei closes Libra Task Force and investigates ties with its administration

Ethereum: What you need to know about the 10-year low exchange stock of ETH

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,352.360.81%
  • ethereumEthereum(ETH)$2,503.53-0.18%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.35-1.15%
  • binancecoinBNB(BNB)$650.100.06%
  • solanaSolana(SOL)$167.360.58%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2254710.85%
  • cardanoCardano(ADA)$0.740.42%
  • tronTRON(TRX)$0.2690351.22%
  • suiSui(SUI)$3.902.01%
  • chainlinkChainlink(LINK)$15.65-0.62%
  • avalanche-2Avalanche(AVAX)$22.622.29%
  • stellarStellar(XLM)$0.2870770.35%
  • hyperliquidHyperliquid(HYPE)$25.92-2.12%
  • shiba-inuShiba Inu(SHIB)$0.000015-0.09%
  • hedera-hashgraphHedera(HBAR)$0.1942991.01%
  • unus-sed-leoUNUS SED LEO(LEO)$8.731.28%
  • bitcoin-cashBitcoin Cash(BCH)$393.310.25%
  • the-open-networkToncoin(TON)$3.082.14%
  • polkadotPolkadot(DOT)$4.682.12%
  • litecoinLitecoin(LTC)$93.97-4.64%
  • moneroMonero(XMR)$348.371.75%
  • bitget-tokenBitget Token(BGB)$5.18-0.17%
  • pepePepe(PEPE)$0.000013-1.58%
  • piPi(PI)$0.751.68%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • aaveAave(AAVE)$258.958.03%
  • uniswapUniswap(UNI)$5.94-0.19%
  • bittensorBittensor(TAO)$414.301.96%
  • nearNEAR Protocol(NEAR)$2.801.76%
  • aptosAptos(APT)$5.14-0.37%
  • okbOKB(OKB)$51.94-0.54%
  • ondo-financeOndo(ONDO)$0.941.70%
  • kaspaKaspa(KAS)$0.1110043.66%
  • ethereum-classicEthereum Classic(ETC)$18.42-0.02%
  • internet-computerInternet Computer(ICP)$5.241.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.767.20%
  • gatechain-tokenGateToken(GT)$21.470.35%
  • crypto-com-chainCronos(CRO)$0.0968370.88%
  • mantleMantle(MNT)$0.753.17%
  • vechainVeChain(VET)$0.0283961.60%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231990-0.12%
  • render-tokenRender(RENDER)$4.631.61%
  • ethenaEthena(ENA)$0.3754393.39%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • algorandAlgorand(ALGO)$0.2234860.86%
  • arbitrumArbitrum(ARB)$0.3930150.88%
  • filecoinFilecoin(FIL)$2.85-0.12%
  • bitcoinBitcoin(BTC)$106,352.360.81%
  • ethereumEthereum(ETH)$2,503.53-0.18%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.35-1.15%
  • binancecoinBNB(BNB)$650.100.06%
  • solanaSolana(SOL)$167.360.58%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2254710.85%
  • cardanoCardano(ADA)$0.740.42%
  • tronTRON(TRX)$0.2690351.22%
  • suiSui(SUI)$3.902.01%
  • chainlinkChainlink(LINK)$15.65-0.62%
  • avalanche-2Avalanche(AVAX)$22.622.29%
  • stellarStellar(XLM)$0.2870770.35%
  • hyperliquidHyperliquid(HYPE)$25.92-2.12%
  • shiba-inuShiba Inu(SHIB)$0.000015-0.09%
  • hedera-hashgraphHedera(HBAR)$0.1942991.01%
  • unus-sed-leoUNUS SED LEO(LEO)$8.731.28%
  • bitcoin-cashBitcoin Cash(BCH)$393.310.25%
  • the-open-networkToncoin(TON)$3.082.14%
  • polkadotPolkadot(DOT)$4.682.12%
  • litecoinLitecoin(LTC)$93.97-4.64%
  • moneroMonero(XMR)$348.371.75%
  • bitget-tokenBitget Token(BGB)$5.18-0.17%
  • pepePepe(PEPE)$0.000013-1.58%
  • piPi(PI)$0.751.68%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • aaveAave(AAVE)$258.958.03%
  • uniswapUniswap(UNI)$5.94-0.19%
  • bittensorBittensor(TAO)$414.301.96%
  • nearNEAR Protocol(NEAR)$2.801.76%
  • aptosAptos(APT)$5.14-0.37%
  • okbOKB(OKB)$51.94-0.54%
  • ondo-financeOndo(ONDO)$0.941.70%
  • kaspaKaspa(KAS)$0.1110043.66%
  • ethereum-classicEthereum Classic(ETC)$18.42-0.02%
  • internet-computerInternet Computer(ICP)$5.241.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.767.20%
  • gatechain-tokenGateToken(GT)$21.470.35%
  • crypto-com-chainCronos(CRO)$0.0968370.88%
  • mantleMantle(MNT)$0.753.17%
  • vechainVeChain(VET)$0.0283961.60%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231990-0.12%
  • render-tokenRender(RENDER)$4.631.61%
  • ethenaEthena(ENA)$0.3754393.39%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • algorandAlgorand(ALGO)$0.2234860.86%
  • arbitrumArbitrum(ARB)$0.3930150.88%
  • filecoinFilecoin(FIL)$2.85-0.12%