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VeryAI Raises $10M to Launch Palm-Scan Identity Verification on Solana

VeryAI has raised $10 million in a seed funding round led by Polychain Capital, with participation from Berggruen Institute and Anagram. The company is launching a hardware-free palm-scan identity verification system to combat AI-generated fraud and deepfakes. The system uses smartphone cameras to capture palm biometrics, claiming a false acceptance rate of 1 in 10 million for one hand and 1 in 100 trillion for both hands. Built on Solana, the platform uses Zero Knowledge Proofs and the Solana Attestation Service to ensure privacy and interoperability. VeryAI aims to provide businesses like crypto exchanges and fintech companies with a secure, private, and accessible identity verification solution.

TheNewsCrypto03/13 00:22