TechFlow news, according to Bloomberg, Humanity Protocol has announced a new round of financing totaling $30 million at a $1 billion valuation, led by Kingsway Capital with participation from Animoca Brands, Blockchain.com, and Shima Capital. Founder Terence Kwok said the company also raised approximately $1.5 million from cryptocurrency influencers.
Kwok said the startup plans to launch its testnet in the second quarter, currently with a waitlist of around 500,000 people. When launching its technology, it plans to first release an application that uses smartphone cameras to scan people's palm prints to verify their identity.
Add to Favorites
Share to Social Media
