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Home » Worldcoin calls for support! Will TON community’s “Palm” identity verification project attract 1 billion users to Web3?
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Worldcoin calls for support! Will TON community’s “Palm” identity verification project attract 1 billion users to Web3?

By adminApr. 9, 2024No Comments3 Mins Read
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Worldcoin calls for support! Will TON community's "Palm" identity verification project attract 1 billion users to Web3?
Worldcoin calls for support! Will TON community's "Palm" identity verification project attract 1 billion users to Web3?
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TON Ecological Community Launches Palm Scan Identity Verification Program

The Worldcoin project, initiated by OpenAI CEO Sam Altman, is about to face competition! While Worldcoin uses iris scanning technology for human identity verification, the TON Society community within the TON blockchain ecosystem has partnered with artificial intelligence company HumanCode to allow users to verify their human identity on the blockchain by scanning their palms.

The verification method proposed by HumanCode only requires a smartphone for palm scanning, making it more convenient compared to additional specialized devices like iris scanners.

TON Society aims to combat bots on the blockchain through identity verification, ensuring that participants on the blockchain are real humans, while enabling users to more effectively manage and protect their identity information in the online world.

The verification project undertaken by TON Society in collaboration with HumanCode is a $5 million incentive program, with these rewards being distributed to TON Society members who complete palm scans and prove their human identity.

Tim Zhang, the founder of HumanCode, pointed out, “We have reached a stage where robots pose significant risks to the internet, and even though other human verification solutions have emerged, HumanCode’s palm scanning system offers better user privacy protection without the need for additional hardware.”

Zhang emphasized that Telegram, which is closely related to the TON ecosystem and has over 900 million monthly active users, is the best way to drive widespread adoption of Web3.

Ekin Tuna, the Director of Growth at the TON Foundation, also believes that an identity that is scalable, privacy-focused, and decentralized will help attract billions of users to the Web3 ecosystem within Telegram. He also looks forward to seeing deeper use cases for identity verification in the community and among TON developers in the future.

Privacy and regulatory issues remain significant challenges. Although the palm recognition identity verification system developed by TON Society in collaboration with HumanCode can be implemented through smartphone hardware, privacy and regulatory concerns still exist.

For example, Worldcoin faced bans from regulatory agencies in certain countries, including Spain and Portugal, due to its collection of personal biometric data to verify user identity. Recently, Portugal’s data regulatory agency ordered Worldcoin to stop collecting personal data.

However, Worldcoin has addressed privacy concerns by launching the Personal Custody service last month, allowing users to choose to store their data on their own devices rather than encrypting it within Worldcoin’s system.

The palm recognition identity verification system developed by TON Society in collaboration with HumanCode also carries privacy risks similar to Worldcoin. Unauthorized access to data, the system’s database becoming a target for hackers, and other threats pose challenges for TON Society and HumanCode in balancing security and personal privacy.

Source:
Dailycoin, The Block

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