Humanity Protocol Token Surges 70% Following SUI Ecosystem Expansion
Humanity Protocol's token, H, surged by 70% on Oct. 24, setting a new all-time high above $0.24, with its market cap reaching $525 million.
The increase follows positive developments in its integration into the SUI ecosystem and a technical report confirming its security features against attack vectors.
The protocol has introduced decentralized Human IDs through a partnership with SUI Network, leveraging WalrusProtocol for secure identity verification.
Delphi Digital released a report highlighting Humanity Protocol's ability to defend against synthetic ID attacks, addressing significant concerns for identity systems.
This launch offers an alternative to Worldcoin's criticized iris-scanning model by focusing on consent-based verification without storing biometric data.
The decentralized system supports sustainable goals such as universal basic income (UBI) and corporate ESG programs.
Sustainable blockchain technology is seeing rapid growth due to the increasing demand for digital ID, green energy applications, and UBI initiatives.
Art Malkov of Electroneum emphasized that AI in blockchain tracks social and environmental impact, enhancing sustainable ecosystem development.
