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    Asad Shaikh in Crypto News

    28 Feb 05:30 PM


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    Palm-scanning identity protocol gets funding from over 20 VCs

    Humanity Protocol claims it offers a less invasive alternative than iris scans, seemingly taking a jab at the popular digital identity project Worldcoin.
    Humanity Protocol, a project backed by big crypto names like Animoca Brands and Polygon, has announced that it completed an investment round, securing funding from venture capital funds within the crypto space.

    On Feb. 28, the protocol announced that it secured strategic investments from companies like Hashed, CMCC, Cypher Capital, Foresight Ventures, and Mechanism Capital. The protocol said it received significant funding from over 20 crypto-focused venture capital funds but did not mention all of its investors. The protocol also did not disclose the amount it raised from the fundraising event.

    #Blockchain

    #Decentralization
    #Identity
    #Identification

    Source - Coin Telegraph