Humanity Protocol Becomes Crypto’s New Digital Identity Unicorn

Humanity Protocol, a startup that aims to verify people’s online identities in an era of artificial intelligence deepfakes, has raised new funding — vaulting it to unicorn status after less than a year.

The startup is building a blockchain-based identity system that recognizes individuals by using scans of people’s palms. It plans to announce Wednesday that it raised $30 million at a $1 billion valuation.