The Good Tech Companies - Holonym Foundation Raises $5.5 Million To Provide Global Digital Personhood With Human Keys

Episode Date: August 17, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/holonym-foundation-raises-$55-million-to-provide-global-digital-personhood-with-human-keys. The funding round was led by Finality Capital and Paper Ventures, with significant participation from Draper Dragon, Arrington Capital, Lightshift, Zero Knowled Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #holonym-foundation, #chainwire, #press-release, #holonym-announcement, #crypto-funding, #web3-digital-identity, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Human Keys make the ownership layers of the internet built on top more consumer-friendly, decentralized, and secure. The funding round was led by Finality Capital and Paper Ventures, with significant participation from Draper Dragon, Arrington Capital, Lightshift, Zero Knowledge Ventures, Zero DAO, and other prominent funds.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Hollen M Foundation raises $5.5 million to provide global digital personhood with human keys, by Chainwire. Delaware, United States, August 16, 2024, Chainwire, asterisk led by Finality Capital and Paper Ventures, with participation from Arrington Capital, Draper Dragon, Lightshift, and others. Hollanim Foundation, Hollanim Foundation, an organization building the next generation of digital identity security for the decentralized web, is announcing the completion of a successful $5.5 million seed funding round. The funding round was led by Finality Capital and Paper Ventures, with significant participation from Draper Dragon, Arrington Capital, Lightshift, Zero Knowledge Ventures, ZeroDAO, and other prominent funds. Greater Than Shady L. Damati, co-founder of Holonym, said,

We're building core greater-than-person-first principles into the technology we ship out to the world. Our goal greater-than is to build a global open source layer that upgrades the abilities of each greater than citizen with basic access to a digital identity using cryptography to prove greater than their personhood. Greater than, we can't have self-sovereign control of our monetary assets without greater than self-sovereign identity. The Holonim Foundation is building critical greater than middleware and applications that will make Web3 users the envy of Web2 users greater than by giving them the power to own, govern, and selectively share their data with greater-than-strong privacy and security guarantees. Holonym will be part of the solution greater-than-to-usher in the next trillion dollars of assets into blockchain. Said Kamal Mokadem, GP of Finality Capital,

cryptographic keys or private keys, run the web and secure every digital interaction on the internet. But what if private keys could be built differently and in a more sophisticated way? Human keys completely change how private keys are derived. Instead of creating private keys from random phrases, human keys make humans into keys. This new framing shifts ownership of digital assets from the holder of a random seed to the human that can uniquely prove their biometrics. Human keys make the ownership layers of the internet built on top more consumer-friendly, decentralized, and secure. Human keys encompass three protocols built by the Holonim Foundation,

all having security and robust data privacy systems as core principles MISTI network, a breakthrough threshold entropy network that computes an oblivious pseudorandom function, OPRF, on biometric data. This allows humans to derive random secure keys that are hard to steal, and it unlocks private homomorphic computation on encrypted data, allowing untrusted third parties to authenticate users without ever seeing the underlying data. This is an actively validated service, a VS, on EigenLayer with crypto-economic mechanisms that leverage the economic security of the Ethereum network. Zerunum, a zero-knowledge identity protocol, leverages human keys to allow anyone in the

world to secretly prove facts about their identity. Over 125,000 pseudonymous Zeronym users around the world have already unlocked these rights, proving their unique personhood, residency, and other attributes to curate a rich digital reputation that they alone own and control. Silk, a simple and elegant wallet user interface for interacting with crypto protocols. Human keys are made usable in the real world by the everyday internet user with Silk. Silk provides advanced security tools to protect users from hackers, scams, and malware on the decentralized web. Greater than Nanak Nihal Singh Khalsa, co-founder of Holonym said, humanity is not just greater than biometrics,

e.g., your face. It is about what you have, what you know and what greater than you are, your property, your memory, and your body. On the current centralized greater than web, we are giving free ownership to our data. Web3 must be the space where we greater than provide robust data ownership and secure sharing of personhood, so that nobody greater than can own your data except you. By granting every human in the world a secure key that only they can hold and control, the Holonym Foundation moves towards global digital inclusion, precisely at a time when advancements in artificial intelligence are poised to leave so many behind. Greater than Shady L. Damati, co-founder of

Holonym, says this is just the start for the Greater Than Holonym Foundation. Human keys will redefine how citizens interact with the greater-than internet by limiting the overreach of power and hardening individual rights greater than with resilient decentralized protocols built on Zeronym and MISTI network. Greater Than Greater Than Holonym Foundation is focused on applied cryptography innovation that delivers solutions for real-world problems. About HOLONYM Foundation The Holonym Foundation's mission is the proliferation of human keys to make security and privacy more usable in zero-trust environments. Holonym Foundation has developed infrastructure to allow anyone, anywhere, to create human keys with MISTI network, easily use them with S with Silk and privately prove facts about their identity with Zeronim. H-O-L-O-N-Y-M-F-O-U-N-D-A-T-I-O-N Products Mishti Network. A threshold network for

zero-trust human key derivation. Create high-entropy human keys from private biometrics, passwords, security questions, or other human memorable data. Mishti also powers Zeronim's programmable privacy for on-chain private banking, payments, and other human-memorable data. MISTI also powers Zerunum's programmable privacy for on-chain private banking, payments, and other real-world regulated industries. Silk the human-friendly wallet for instant onboarding. Use human keys with zero-trust protocols to save, send payments, access global internet finance protocols and manage your private data. Silk is a protected self-custody wallet that can bear covered without trusted guardians. Zeronim proof of personhood and private identity. Fast client-side privacy

for identity verification, supporting digital credentials from 180 countries. Use human keystone prove any fact privately without revealing any information in zero knowledge. Business can utilize Zeronim for privacy-preserving KYC, AML with programmable privacy for ongoing monitoring. Contact and socials for PR inquiries users can contact press at Holonym. IOU SERs can stay connected with Holonym Foundation and its products, Globe Holonym. ID, MISTI, Network, Silk,.sc.xholonym.00nim.mishti.network.silk.cellphone.with.arrow.telegram.holonym.official.mishti.network.mishti.community.holonym.dev.support.briefcase.holonym.linkedin.writing.hand.holonym.medium.memo.holonym.on.paragraph.movie.camera.holonym.youtube.studio.microphone.farcaster.holonym.zeronym., Silky sign-on memo Holonym on Discord contact press Holony MPR at Holonym.io. Tip this story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for

listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.