TON Society, HumanCode to use palm scanning for identity confirmation

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Partnership formed between the TON Society and AI firm HumanCode for introducing a system to confirm identities.

Based on the latest update from the TON Society, a total of 1 million TON, equivalent to approximately $5.9 million, has been set aside as an incentive for carrying out verifications. These funds will be dispersed among members of the TON Society who successfully confirm their identities through providing a palm print. Membership in this community can be attained by linking a wallet to join.

The Ton Society is teaming up with HumanCode, a leading AI tech firm, to revolutionize the process of verifying identities online. Ton Society is providing an incentive of $1M in $TON for users to go through this verification process. So, why is this significant? Let’s explore further 🧵⬇️— TON 💎 (@ton_blockchain) April 8, 2024

HumanCode offers palm scanning tech for swift, precise identification of humans. Through this collaboration, we aim to tackle the escalating issue of bots in Telegram and introduce authentic web3 identities.

“This tech is compatible with all smartphones and browsers, and is specifically developed to identify various skin tones, making it accessible to all for utilizing the sophisticated human verification system.”
TON Society team

The price of Toncoin (TON) tokens surged by 10.5%, reaching a new peak of $5.90 – an all-time high. This growth led to a market capitalization of $20.2 billion for Toncoin.

Furthermore, TON developers unveiled plans in March for giving out 30 million TON tokens as incentives for individuals to join ecosystem initiatives. The team started distributing these coins to selected users by April 1.

Last year, Worldcoin, a cryptocurrency initiative, presented a method for personal identification using iris scanning technology to distribute tokens at no cost. Since its introduction in July 2023, this project has been under investigation in countries including Germany, France, the U.K., and Kenya due to concerns over the collection of users’ biometric data.

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2024-04-08 18:36