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Humanity Protocol Acquires Moongate to Bring Decentralized Identity Into the Real World

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Credit : cryptonews.net

Hong Kong – Decentralized id simply took an enormous leap into the actual world. Humanity Protocol, the palm-based proof of Humanity Platform, has formally taken over Moongate, a number one web3 occasion infrastructure firm that’s recognized for feeding NFT ticketing, credentials and entry for among the best worldwide occasions in Crypto.

This isn’t only a merger – it is a mission accelerator. By integrating Moongate’s tech stack, Humanity Protocol is now positioned to carry the primary, privateness retention of individuals in actual areas resembling conferences, music festivals and neighborhood conferences.

Think about biometric verification for seamless occasion entry, loyalty rewards and references – all anchored in your human ID.

Blockchain -identity carry to life

Moongate has already dealt with greater than 300,000 tickets on the chain for giant web3 occasions resembling Token2049, Binance Blockchain Week and Ethdenver. Now, with the proof of the Humanity Protocol, occasion guests can show that they’re to sacrifice actual, distinctive people with out privateness or to switch delicate private information.
“Adoption doesn’t occur remoted. It occurs the place persons are – at occasions, in communities, in moments that matter. Moongate lets us meet them there.”

Terence Kwok, founding father of Humanity Protocol
It’s KYC, once more conceived for web3 – and for the individuals. That is what this implies:

Human ID meets entry to actual world: occasions can confirm members with out conventional ID checks.
No passwords, no types: solely your Palm and your blockchain-rewarded id.
Rewards + Loyalty: Login particulars on the chain open the door for unique advantages and experiences.

READ  Swan Chain to Advance Decentralized AI Research in Collaboration with Alpaca Network

Moongate stays Moongate – simply supercharged

Moongate will proceed to function underneath his personal model, however the infrastructure will elaborate on the Stack of Humanity Protocol. Anticipate joint pilot packages and flagship integrations to see in vital cities, as a result of the 2 groups are scaling up this imaginative and prescient worldwide.

“The human protocol lays the inspiration for decentralized, privacy-first id,” mentioned Jonathan Mui, CEO of Moongate. “Collectively we now make that imaginative and prescient tangible – on this planet’s best occasions and past.”

About Humanity Protocol

Humanity Protocol is a palm-based, zero information of the humanity system with which customers can show that they reveal distinctive individuals with out private info. It builds up a future wherein decentralized id is protected, personal and worldwide.

About Moongate

Moongate is a web3 infrastructure supplier that gives NFT ticketing, entry management and credentials on-chain. The corporate has contributed to bringing the perfect Web3 occasions to life, which implies that digital communities are linked to experiences from follow.

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