Humanity Protocol

Humanity Protocol, founded by Terence Kwok, builds a biometric identity network that uses palm scanning rather than iris scanning to verify that a user is a unique human. In 2024 it raised $30 million at a reported $1 billion valuation, and in January 2025 it raised a further $20 million co-led by Pantera Capital and Jump Crypto at a roughly $1.1 billion valuation. The project, which uses zero-knowledge proofs and runs through its Humanity Foundation, issues private verifiable credentials so users can prove traits such as age or residency from a palm scan without exposing personal data. It has since reframed its offering around a 'Proof-of-Trust' credential model and added partners including Mastercard.