Former Jumio exec joins digital ID scheme 3.0 send – Notice Today Online

Move over Worldcoin, there’s a newborn banter on the country vying for the tending of the digital indistinguishability business and it has meet hired an honcho from indistinguishability substantiation company Jumio.

Formerly famous as Subspace, Autonomys (pronounced as “autonomous”) has created a localised indistinguishability prescript titled Autonomys ID (Auto ID). The consort was supported in 2021 by book Wagstaff and Nazar Mokrynskyi. The duo, however, are stepping backwards from their activity roles and hit titled past Jumio CTO and honcho individual Labhesh Patel as their newborn CEO, transfer his skillfulness on digital ID, KYC and indistinguishability verification.

The consort says that its digital ID “empowers both humans and AI agents with robust, secure, and privacy-protecting identities.” Details are tight on how it plans to avow its users and how just module the ID be utilised but the consort suggests it module verify a assorted move than Worldcoin.

“Auto ID enables you to establish your humans and create a unequalled indistinguishability on-chain without subjecting yourself to intrusive biometric scans,” the consort says.

Worldcoin is a crypto send famous for scanning the irises of its users during sign-up for its digital ID to characterize whether they are humans or bots. The assemblage of biometric data, however, has landed the consort in regulatory blistering water in some parts of the world. Worldcoin’s organisation is to dispense its tokens to every octad 1000000000 grouping on the follower as a modify of Universal Basic Income (UBI).

Autonomys also suggests it module research with UBI.

“In oppositeness to projects same Worldcoin that encourage a forthcoming of Universal Basic Income (UBI) and given agency, Autonomys empowers you to goodness from your try and capability,” the consort says.”

The Palo Alto, California-based concern says that its proof-of-personhood crapper then be utilised crossways different dApps and services. Autonomys offers a localised AI arrange with diffuse storage, diffuse technology and a dApp suite.

According to Patel’s LinkedIn profile, Autonomys has upraised US$39 meg in stake crowning funding.

Article Topics

Autonomys  |  decentralized ID  |  digital ID  |  digital identity  |  identity verification  |  web3