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Humanity International Investments has announced that the project, spearheaded by His Highness Sheikh Marwan bin Mohamed bin Rashid Al Maktoum, has successfully reached crucial milestones, with more than 40,000 Non-Fungible Tokens (NFTs) claimed, demonstrating remarkable progress in the convergence of digital identity and blockchain technology.
Under the visionary leadership of His Highness Sheikh Marwan bin Mohamed bin Rashid Al Maktoum, Humanity International Investments introduced the Humanity Protocol, an innovative blockchain-based economic empowerment program. In collaboration with BIO-key (Nasdaq: BKYI), a leading provider of Identity and Access Management solutions incorporating biometric palm scan authentication, the initiative aims to revolutionize identity verification.
Through this partnership, individuals, particularly in Africa, can authenticate their identity through a biometric palm scan and securely claim their digital record using a Non-Fungible Token (NFT). This pioneering method not only enhances the security and privacy of digital activities but also empowers individuals by providing a verified and immutable digital identity. The integration of biometric technology with blockchain for identity verification marks a significant advancement, with approximately 15,000 palm scans already processed. Robust plans are in place to ensure the authenticity of all currently listed users.
"This crucial step underscores our commitment to transforming digital identities across Africa and beyond. Our collaboration with BIO-key, a premier biometric technology provider, has facilitated this achievement," stated Aly Ramji, General Partner of Humanity International Investments.
The project has evolved to include a Community Staking program, creating an environment where NFTs represent the identities of members. Each NFT not only assigns a unique digital name to users but also facilitates the transparent and direct sharing of economic gains.
With over 40,000 registered users spanning 94 countries, including communities in Nigeria, Kenya, and Vietnam, the Humanity Protocol reflects a long-term vision where community support extends beyond financial contributions. This backing is not just about monetary assistance but also signifies confidence in people's abilities to contribute and thrive in the digital economy.
"This innovative program aims to provide financial benefits, fostering a resilient and financially inclusive community at the base of the pyramid across Africa and Asia," remarked Ramji.
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