Humanode

Humanode is the creator of a distributed financial network developed to make a financial system relying on the existence of human life. The network offers homomorphically encrypted feature vectors for biometric processing to deploy replicas and become human nodes verifying transactions, allowing users to possess a public permissionless financial system that is based on private, biometrically encrypted nodes.

Scheduled for mainnet launch in mid-2022, Humanode released the second version of its testnet platform. There were about 11,000 applications put in to become a “human”— biometrically verified validator—nodes. About 3,000 participation invites were sent, and about 500 validator nodes operated simultaneously. After a two-week closed beta for its version 2.0, its public open beta version was released on December 23, 2021, and an extra 1,150 human nodes were launched. On February 10, 2022, this brought the number of active validators to 1,650.

Humanode cofounder Dato Kavazi said:

“Sybil attacks are what stand between humanity and a completely new way of interaction with the world around us. It is not just a blockchain problem. Bots are a scourge of any high-level digital infrastructure and we are here to get rid of them in a private and decentralized fashion. By delivering a blockchain based on biometrically verified pseudonymous identities, we want to ensure that any systems built on top can be sure that nodes are unique, real, living and breathing human beings.”