Can Ahmet 
Humanity Protocol has announced the Humanity Foundation. This foundation was established to support innovations in the digital identity space and promote sustainable growth of the ecosystem.
What is Humanity Foundation?
Humanity Foundation was established to support Humanity Protocol’s Proof of Humanity technology and invest in innovative projects. The foundation will particularly focus on distributed identity verification systems and biometric applications. The goal of these efforts is to provide a human-centric digital experience enabling users to conduct safer and smoother transactions both in online and physical worlds. Proof of Humanity will not only combat bots but also enable users to make payments for services and products and access events in a privacy-focused manner.
Notable Names in Foundation Management
Humanity Foundation will be managed by a team of prominent industry figures:
- Yat Siu (Chairman of Animoca Brands)
- Mario Nawfal (Founder of International Blockchain Consulting)
- Yeewai Chong (Investment expert with Morgan Stanley and Ortus Capital background)
A New Player in the Digital Identity Race
The establishment of Humanity Foundation intensifies competition in the digital identity verification space. Competitors include projects like World ID, which uses iris biometrics. However, Humanity Foundation aims to make a difference in this field with its privacy-focused and human-centric approach.
According to the foundation’s statements, major steps are planned for 2025. The organization’s long-term goal is to create a robust and vibrant ecosystem that can expand globally.
Why is Humanity Foundation Important?
Identity verification in the digital world is becoming increasingly critical. Proof of Humanity technology not only enhances security in online transactions but also opens up new opportunities by integrating digital identity into the physical world.
Humanity Foundation represents an important step toward globally adopting this technology and enabling individuals to play a more active role in the digital future.
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