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Cryptoknowmics 2022-03-30 11:59:15

Polygon’s Co-founder Introduces Polygon ID

Polygon, the decentralized Ethereum (ETH) scaling platform announced the introduction of its new solution termed Polygon ID on Twitter. Keep personal details, personal. Introducing Polygon ID – a self-sovereign identity solution powered by zk cryptography. – Complete user-privacy– Scalable on-chain verification– Open attestation ecosystem #OwnYourIdentity TL;DR 👇 [1/7] pic.twitter.com/f5aFc5jRD7 — Polygon | $MATIC 💜 (@0xPolygon) March 29, 2022 In a press release, the co-founder of Polygon, Mihailo Bjelic also stated, “Polygon ID is private by default, offers on-chain verification and permissionless attestation. There is nothing in the digital identity space now that ticks all these boxes.” The co-founder also shared the news of the newly launched solution on Twitter. This is a big one: We are announcing Polygon ID, the first ZK-based self-sovereign identity. Polygon aims to become the de facto platform for Web3 development, and self-sovereign identity protocol is certainly one of the necessary components of this vision. Exciting times. 🦄💫 https://t.co/BekfnfgiF1 — Mihailo Bjelic (@MihailoBjelic) March 29, 2022 Privacy Focused Platform The official website of Polygon shared a recent blog post that highlighted the newly launched Polygon ID to be the first-ever solution driven by zero-knowledge-based proofs with elements including (ZK) “cryptography, privacy, and blockchain scaling technology.” The new solution is constructed...

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