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More

    Polygon launches ZK-proofs powered ID resolution for Web3

    Latest News


    • Polygon has launched Polygon ID, decentralised identification resolution powered by zero-knowledge proofs.
    • The privacy-focused service gives 4 instruments to assist builders combine digital ID options into functions.
    • Makes use of circumstances for Polygon ID embrace in KYC, e-commerce and passwordless login.

    Polygon, the layer-2 scaling resolution for Ethereum, has introduced the open supply of its decentralised identification service dubbed Polygon ID.

    This newest Polygon information focuses on a improvement geared in direction of bringing digital belief in Web3 one step nearer to actuality, the Polygon Labs workforce mentioned.  

    As highlighted in a weblog put up, the zero-knowledge (ZK) proofs-powered resolution will assist guarantee a “extra equitable web.” 

    Zero-knowledge proofs digital ID for Web3

    Polygon ID is privacy-focused resolution that leverages the know-how behind the Iden3 protocol and Circom ZK toolkit, Polygon Labs famous.

    Per the platform, the decentralised ID service infrastructure comes with 4 instruments designed to assist builders construct and deploy one of the best of self-sovereign, decentralised and personal ID options. Polygon Labs tweeted:

    This Id Infrastructure permits anybody to develop into an issuer, verifier, or holder of a Web3 identification. Off-chain information can now be used for trustless, on-chain verifications in a Verified Credential format.”

    Polygon ID leverages the Iden3 protocol and Circom ZK toolkits, Web3 customers in a position to confirm identities with out risking their different delicate data.

    See also  2023 Market Evaluation: How does Silicon Valley Financial institution Information Have an effect on the AltSignals’ ASI Token Presale Launch?

    The Polygon ID toolset features a Verifier SDK, Pockets SDK, Issuer Node and Pockets App. Any developer constructing on Polygon can faucet into these instruments to combine digital IDs into functions. The mixing may be utilized throughout use circumstances corresponding to KYC implementation, passwordless logins and e-commerce onboarding.

    A number of tasks have already built-in the ID resolution, together with IoT and blockchain agency Blockchain Lock, digital passport platform ‍Clique, Web3 recreation The Sandbox, P2P funds supplier ‍DePay, Web3 infrastructure platform Kaleido and NFT pockets and aggregator Komet.

    Polygon ID is obtainable to the general public nearly a 12 months after its introduction, whereas as reported, the Polygon zkEVM beta is scheduled to go stay this March.

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