Investors
- 28/02/2024: Strategic round capital raising with participation from major funds such as Sandeep Nailwal, Hashed Fund, Mechanism Capital, Foresight Ventures, Cypher Capital, CMCC Global.
- 15/05/2024: Successfully raised 30 million USD in Seed round with a valuation of 1 billion USD, led by Kingsway Capital along with funds Hashed Fund, Shima Capital, Paul Taylor, Blockchain.com, Animoca Brands.
- 27/01/2025: Continued to raise an additional 20 million USD in Strategic round with valuation increased to 1.1 billion USD, with participation from Pantera Capital and Jump Crypto.
Team
Terence Kwok – Founder
An experienced entrepreneur who was Founder & CEO at Tink Labs (Hong Kong) for over 7 years (2012–2019).
Terence has led the development of technology solutions serving the hospitality and tourism industry, connecting users with smart services.
Since August 2023, he has continued entrepreneurship with a secret project in the United Kingdom related to human verification, while also serving as a full-time Founder.
Development Roadmap
Phase 1
- Build an identity verification system based on palm biometrics.
- Users use smartphones to capture color palm images, then AI application analyzes unique individual characteristics to create a unique personal identity.
Phase 2
- Convert palm data into a digital biometric signature.
- This signature, along with related information, is issued as a Verifiable Credential (VC) – a highly reliable digital certificate that helps users authenticate identity safely without revealing sensitive data.
Project Information Channels
- Website: https://www.humanity.org
- Twitter: https://x.com/Humanityprot
- Telegram: https://t.me/HumanityProt
- Discord: https://discord.com/invite/xRcwDJUzy7
- LinkedIn: https://www.linkedin.com/company/humanityprot
Conclusion
Humanity Protocol opens up a breakthrough approach in building a decentralized identification system, combining palm biometrics and zero-knowledge proof technology to create a digital identity that is both secure and transparent, while being user-friendly.
The ability to verify identity without revealing personal data enables Humanity Protocol to have extensive application potential in fields such as decentralized finance, education, gaming, and other digital technology services, promising to create a revolution in how humans connect and transact on digital platforms.