Humanity Protocol, the artificial intelligence startup pioneering the new "Proof of Humanity (PoH)" identity verification technology, hinted at "several major partnerships" in an exclusive interview with Cryptonews, signaling a potential breakthrough in the identity verification landscape.

The company's innovative blockchain-focused PoH system, which utilizes palm scanning technology, has garnered significant attention across the AI and blockchain sectors since its inception just last year. Set to challenge established players like OpenAI founder Sam Altman's Worldcoin, Humanity Protocol aims to revolutionize identity verification with its upcoming testnet launch scheduled in the coming months.

According to Terence Kwok, founder of Humanity Protocol, the system's testnet, mainnet, and subsequent five years will allocate a portion of tokens to incentivize user participation and humanity verification. Unlike traditional projects offering single token rewards, Humanity Protocol plans to provide a diverse range of token rewards to HP holders and node operators from ecosystem projects, enhancing user engagement and ecosystem growth.

The forthcoming partnerships, yet to be unveiled, are poised to play a crucial role as "Verifier Nodes," ensuring the integrity of the system as it prepares to onboard users later this year. The recent announcement of a $30 million seed funding round, with key Web3 players like Shima Capital, Animoca Brands, and Kingsway Capital participating, underscores the growing interest and support for Humanity Protocol's ambitious vision.

Terence Kwok emphasized the need for decentralized solutions to address the inherent vulnerabilities of centralized data storage systems, which often lead to privacy invasion and data exploitation. With the proliferation of deepfakes posing significant challenges to identity verification, Humanity Protocol's decentralized approach offers a promising alternative, leveraging zero-knowledge proofs to verify identities without exposing sensitive biometric data or personal information.

As the demand for reliable identity verification solutions continues to grow, Humanity Protocol's testnet, boasting over 500,000 users on its waitlist, emerges as a crypto-friendly pathway for individuals seeking secure and privacy-centric identity verification solutions.