{"id":12360,"date":"2024-04-08T15:39:54","date_gmt":"2024-04-08T12:39:54","guid":{"rendered":"https:\/\/forklog.com\/en\/ton-society-allocates-1-million-ton-for-identity-verification-rewards\/"},"modified":"2024-04-08T15:39:54","modified_gmt":"2024-04-08T12:39:54","slug":"ton-society-allocates-1-million-ton-for-identity-verification-rewards","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ton-society-allocates-1-million-ton-for-identity-verification-rewards\/","title":{"rendered":"TON Society Allocates 1 Million TON for Identity Verification Rewards"},"content":{"rendered":"<p>The TON Society has partnered with AI firm HumanCode to implement an identity verification mechanism. A total of 1 million TON (~$5.9 million) has been allocated as incentives for completing the verification process.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? <a href=\"https:\/\/twitter.com\/ton_society?ref_src=twsrc%5Etfw\">@ton_society<\/a> has partnered with HumanCode, an innovative AI technology company, to transform the way users verify their identity online!<\/p>\n<p>TON Society offers 1M <a href=\"https:\/\/twitter.com\/search?q=%24TON&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$TON<\/a> in incentives for users to verify their identity ?<\/p>\n<p>Why does this matter? Let\u2019s find out ?\u2b07\ufe0f <a href=\"https:\/\/t.co\/uZPFSXGkmF\">pic.twitter.com\/uZPFSXGkmF<\/a><\/p>\n<p>\u2014 TON ? (@ton_blockchain) <a href=\"https:\/\/twitter.com\/ton_blockchain\/status\/1777265080557596840?ref_src=twsrc%5Etfw\">April 8, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>HumanCode will provide palm scanning technology, which offers &#8220;fast and highly accurate&#8221; verification.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The system works on any smartphone or browser and is designed to recognize all skin tones, ensuring everyone can benefit from the advanced identity verification mechanism. The privacy-focused solution confirms human presence without compromising individual anonymity,&#8221; the announcement stated.<\/p>\n<\/blockquote>\n<p>The partnership aims to tackle the &#8220;growing problem of bots&#8221; and introduce Web3 identification in Telegram.<\/p>\n<p>The allocated funds will be distributed among TON Society members who verify their identity using a palm print. Anyone can join the community by linking a wallet on the <a href=\"https:\/\/society.ton.org\/\">website<\/a>.<\/p>\n<p>TON Foundation&#8217;s Director of Development, Ekin Tuna, told <a href=\"https:\/\/cointelegraph.com\/news\/ton-5m-digital-id-incentive-program\">Cointelegraph<\/a> that supporting verification protocols like HumanCode is a step towards practical blockchain use:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Scalable, private, and decentralized identification will help connect the first billion users to the Web3 ecosystem in Telegram.&#8221;<\/p>\n<\/blockquote>\n<p>According to HumanCode founder Tim Zhang, the three-tier data protection system supports American SOC2 security certifications.<\/p>\n<p>This approach ensures that the scanned palm print is encrypted before being sent to HumanCode&#8217;s servers. The verification process is conducted locally on the user&#8217;s device, eliminating the need to share sensitive data with third parties.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;In our experience, palm recognition technology is inherently more acceptable. For most people, scanning a hand with a smartphone camera seems less intrusive than eye scanning,&#8221; Zhang added, alluding to Sam Altman&#8217;s Worldcoin project.<\/p>\n<\/blockquote>\n<p>Following the announcement of the initiative, the TON token rose by 10.5% to a record $5.9. Its market capitalization <a href=\"https:\/\/www.coingecko.com\/en\/coins\/toncoin\">reached $20.2 billion<\/a>.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/PGW3gtOLN8YRiDc3jfHDnCmsse0_IvLHuNf-iRSuQgFdO37f64Y5SX2VlZOPA3OaeA8hl0TuDV3NgTNf2PceqIB_WI7wQ1E8ADKX7t8lmYGtUHzukFz3oT4nqse3Bte-pvNDDnPTvOU5AM3gON1lQks\" alt=\"TON Society \u0432\u044b\u0434\u0435\u043b\u0438\u043b\u0430 1 \u043c\u043b\u043d TON \u043d\u0430 \u0432\u043e\u0437\u043d\u0430\u0433\u0440\u0430\u0436\u0434\u0435\u043d\u0438\u044f \u0437\u0430 \u0432\u0435\u0440\u0438\u0444\u0438\u043a\u0430\u0446\u0438\u044e\"\/><figcaption class=\"wp-element-caption\">15-minute chart of TON\/USDT on OKX exchange. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/TONUSDT\/\">TradingView<\/a>.  <\/figcaption><\/figure>\n<p>Previously, developers of The Open Network blockchain <a href=\"https:\/\/forklog.com\/en\/news\/the-open-network-to-distribute-30-million-toncoin-to-active-community-members\">announced the distribution<\/a> of 30 million TON for user participation in ecosystem projects. Starting April 1, the team began distributing coins across various initiatives.<\/p>\n<p>Earlier in April, Telegram implemented a feature for payments in TON for displaying advertisements. Channel owners in the messenger can now receive 50% of the revenue from marketing ad displays.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TON Society has partnered with AI firm HumanCode to implement an identity verification mechanism. A total of 1 million TON (~$5.9 million) has been allocated as incentives for completing the verification process. ? @ton_society has partnered with HumanCode, an innovative AI technology company, to transform the way users verify their identity online! TON Society [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1486,605,723,1422],"class_list":["post-12360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-biometrics","tag-identification","tag-telegram","tag-toncoin"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=12360"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/12359"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=12360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=12360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=12360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}