Privado ID becomes the latest project to spin out from Polygon Labs | Headlines | News | CoinMarketCap
06/13/2024 16:08
Polygon ID has spun out from Polygon Labs and rebranded to Privado ID as it attempts to expand beyond the Polygon networks. The move aims to meet …
Polygon ID has spun out from Polygon Labs and rebranded to Privado ID as it attempts to expand beyond the Polygon networks.
The move aims to meet global demand for digital identity and reputation solutions that work with both online and onchain data in the era of increasing identity theft, fraud and AI-generated content, according to a statement shared with The Block.
Privado ID’s protocol-agnostic design, from the team behind the Iden3 Protocol and PolygonID, gives individuals control over their own data, using cryptography and zero-knowledge proofs to let people verify their age, qualifications and other details without sharing personal information. It also supports W3C identity standards, works with any EVM-compatible blockchain and will also support non-EVM blockchains in the …