According to The Block, he became famous for his eye scanning. Worldcoin (WLD) A rival is coming to the project.

at this point TON A similar innovation is coming to the ecosystem. Accordingly, TON Society and HumanCode are launching a Toncoin initiative worth more than $5 million using palm scanning for identity verification.

Will use palm scanning for authentication Toncoin The ecosystem stated that it allocated $5 million of Toncoin tokens to encourage users to verify their identity using palm scanning technology.

The program, announced earlier today at the Hong Kong Web3 Festival, aims to provide digital identities to 500 million Telegram users within five years.

TON Foundation Growth Director Ekin Tuna said in his statement:

“A scalable, private and decentralized identity will help the first billion users join the Web3 ecosystem on Telegram. “I look forward to going even further and seeing what exciting use cases it will unlock for both the community and TON developers.”

Toncoin With the impact of the news, it increased by up to 10% in the last 24 hours. TON At the time of writing, it ranks 10th with a market value of 20 billion dollars.

*This is not investment advice.

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