The TON Society has partnered with AI company HumanCode to implement an identity verification mechanism.
According to today’s TON Society post, 1 million TON, valued at nearly $5.9 million, has been allocated for the initiative as an incentive for completing verification. The funds will be distributed among TON Society members, who will confirm their identity using a palm print. Anyone can join the community by linking a wallet.
🔈 @ton_society has partnered with HumanCode, an innovative AI technology company, to transform the way users verify their identity online!TON Society offers 1M $TON in incentives for users to verify their identity 💸Why does this matter? Let’s find out 🧵⬇️ pic.twitter.com/uZPFSXGkmF
— TON 💎 (@ton_blockchain) April 8, 2024
HumanCode will provide human palm scanning technology for “a quick, highly accurate method for real-person verification.” The partnership aims to combat the growing problem of bots and introduce web3 identity to Telegram.
“This technology works on any smartphone and browser and is designed to recognize all skin tones, ensuring everyone can benefit from this advanced proof-of-human system.”
TON Society team
The Toncoin (TON) token’s price increased by 10.5% to a record $5.90, an all-time high. As a result, its market cap reached $20.2 billion.
In addition, in March, TON developers announced the distribution of 30 million TON for user participation in ecosystem projects. By April 1, the team began distributing coins to various users.
A similar technology for personal identification was proposed last year by Worldcoin, a cryptocurrency project that confirms identity using iris scanning for free distribution of tokens. However, since its launch in July 2023, the project has been investigated in countries such as Germany, France, the U.K., and Kenya for collecting user biometric data.
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