VeryAI Raises $10M to Build Palm-Scan Identity System on Solana

VeryAI has raised $10 million in a seed funding round led by Polychain Capital to create a palm-scan identity verification system aimed at differentiating between genuine users and AI-generated accounts. The platform utilizes the Solana blockchain to record identity attestations and addresses the increasing risks posed by bots, deepfakes, and synthetic identities to crypto exchanges, fintech companies, and online platforms. The system employs zero-knowledge proofs to allow users to verify their identity across platforms without disclosing personal information. Palm scans are converted into encrypted biometric signatures, confirming a user's humanity without storing identifiable data. According to VeryAI, palm biometrics are more secure than facial recognition due to their uniqueness and limited public exposure. The company is already collaborating with organizations like MEXC and Colosseum, with further integrations planned. Investors include the Berggruen Institute, Anagram, and Solana co-founder Anatoly Yakovenko, reflecting growing interest in blockchain-based identity solutions as AI advances.

(Source：Cointelegraph)