Metaverses are interconnected, always-on digital spaces that don’t have physical or logical boundaries. They are a potential game changer. As avatars cruise around these simulated worlds, they will collect data that could be used to tailor advertising in real-world settings. This poses significant challenges to existing privacy laws, and calls for reform.
Humanode’s Direct Biometric API
Using a combination of technologies including encryption, blockchain, zero-knowledge proofs (ZK), homomorphic encryption, and liveness detection, Humanode is building a crypto-biometric network that can be utilized to verify transactions, build trust, and create a public permissionless financial network. The network combines a Substrate framework and a cryptographically secure bio-authorized node ecosystem to produce an empowering new-age financial system. The project aims to introduce Sybil resistance, decentralization, and innovative governance models to the blockchain sector utilizing biometrics. It is an alternative to many blockchain networks that are dominated by consensus algorithms like proof-of-stake and proof-of-work that grant lots of voting rights and rewards in proportion to economic investments in an activity or resource, stake, and computational power.
In the case of decentralized verification systems that rely on mining farms or monetary obligations in the form of staking, these systems are susceptible to malicious activity. Humanode’s approach to verification will blacklist mining equipment and prevent monetary obligations, allowing for more powerful and efficient attack detection mechanisms. The network also introduces a cost-based fee pricing system that is stable in USD terms while eliminating the volatility of native tokens. Combined with a custom EVM pallet that allows it to run Solidity smart contracts, Humanode’s platform is instantly accessible and bootstraps the DApp ecosystem from day 1.
Avarta’s Biometric Identifications
Metaverses are a new form of immersive virtual worlds that allow users to interact with others in 3D. As of now, these environments are mostly used by a small fraction of the global population. Biometrics are a key component of the metaverse ecosystem, as they offer a unique identity solution that can be shared between multiple platforms and devices. They also allow for easy and secure access to metaverses from various devices, such as goggles or mobile phones. While this allows for a convenient and user-friendly experience, it also poses a number of challenges, including the need for interoperability across different devices and platforms. Furthermore, it is critical to ensure that end-users are aware of the risks associated with the use of their personal data within the metaverse.
To overcome these challenges, innovative technology projects are working tirelessly to combine blockchain and biometrics stacks. These technologies are bringing Sybil resistance and mitigating manipulation with virtual identities, offering solutions that will be beneficial for both privacy and security concerns in the metaverse. Avarta’s approach to biometric identification for metaverse applications combines military-grade authentication assurance with state-of-the-art face recognition, creating a completely secure wallet that can be employed by all types of blockchain services and crypto communities. The platform will eliminate cryptocurrency loss due to security breaches, forgetting seed phrases, and cryptographic key losses, making it the ultimate blockchain security solution.
FaceTec’s Liveness Detection
The metaverse is a virtual environment that mimics the real world and allows people to interact. It is expected to change the way we interact and enrich people’s lives. It can be a place for socialization, entertainment, and education. As the metaverse evolves, biometrics will be an important part of it. In particular, face recognition with liveness detection and iris scans are the most reliable biometric modalities. A number of upcoming applications will use biometrics to authenticate users and protect their identity in the metaverse space. These include VR goggles, mobile devices and other services.
In addition, facial tracking can be used to identify nonverbal cues such as a person’s mood or emotional state. These cues can be paired with motion data and physiological data to create highly personalized interactions.