Humanity International Investments Achieves Major Digital Identity Milestone with Humanity Protocol Initiative
DUBAI, UAE, March 11, 2024 (Globe Newswire) — Humanity International Investments announces a significant milestone in its innovative Humanity Protocol initiative. More than 40,000 NFTs have been filed to date, demonstrating that the project is making significant progress in integrating digital identity and blockchain technology.
Humanity International Investments, under the chairmanship of His Highness Sheikh Marwan bin Mohammed bin Rashid Al Maktoum, launches Humanity Protocol, a blockchain-based economic empowerment initiative, – Strategically partnered with key. (NASDAQ: BKYI)is a leader in identity and access management solutions, including biometric palm scan authentication.
This collaboration will enable individuals, especially in Africa, to authenticate their identities through palm scans and securely claim their digital footprints through non-fungible tokens (NFTs). This innovative approach not only enhances the security and privacy of digital transactions, but also empowers individuals by providing them with a verified and immutable digital identity, as well as biometric technology and blocks for identity verification. It represents a major step forward in chain integration. To date, the partnership has already collected approximately 15,000 palm scans and plans to verify each of its current registered users.
“This milestone demonstrates our commitment to revolutionizing digital identity in Africa and the rest of the world, as we leverage the leading biometric technology to This is made possible through our partnership with provider BIO-key.”
This effort has expanded to include a groundbreaking community staking program designed to allow non-fungible tokens (NFTs) to serve as a comprehensive ecosystem to represent participants' identities. Each NFT assigns a unique digital identity to each user, but also facilitates a direct and transparent way to distribute economic benefits.
With more than 40,000 unique registered users in 94 countries and significant presence in Nigeria, Kenya, and Vietnam, Humanity Protocol has demonstrated a sustainable model in which community stakeholders support each participant. Masu. This support is not only financial. It is a vote of confidence in an individual's ability to contribute to and thrive in the digital economy.
“This innovative program aims to provide economic benefits to participants and foster strong, economically inclusive communities among those at the bottom of the pyramid in Africa and Asia.” Ramzi he said.
Humanity Protocol is pioneering the digital identity revolution, harnessing the potential of Africa's rapidly urbanizing youth to ensure broad access to a decentralized digital economy. The Community Staking Program is Humanity International Investments' commitment to inclusivity and security in the digital space.
For more information about Humanity International Investment, please contact us at:
Communications@humanityinvestments.co
About Humanity International Investments (www.humanityinvestments.co)
Humanity International Investments is a Dubai-based social impact fund dedicated to promoting financial inclusion across Africa. With an extensive network across the continent, the organization is dedicated to bridging the identity gap between the unbanked and the ultra-poor. By collaborating with innovative technology partners, Humanity Protocol aims to provide verifiable identities and enable countless Africans to access financial services, credit, and wealth creation opportunities. . Their vision is not just to establish an identity, but to empower individuals to change their future and have a voice in a global digital community.
For further inquiries about Bio-Key International, please contact us at:
732.359.1100
info@bio-key.com
About Biokey International Co., Ltd. (www.BIO-key.com)
BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software that secures access for over 38 million users. BIO-key allows customers to choose the appropriate authentication factor for a variety of use cases, including phoneless, tokenless, and passwordless biometric options. Hosted or on-premises PortalGuard IAM solutions provide cost-effective, easy-to-deploy, convenient, and secure access to computers, information, applications, and high-value transactions.
Media contact full name: jumal lewis
Media contact company: Humanity International Investment
Media contact phone number: 1 (917) 833-1830
Media Contact Website: https://humanityinvestments.co/
Media contact email address: communication@humanityinvestments.co
Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6cee45fb-9e83-405f-ba12-87270dc12bee.
