Friday, March 24, 2023
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • en English
    ar Arabicbg Bulgarianzh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanish
Crypto Miracles
Advertisement
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Dogecoin
    • Litecoin
    • Ripple
    • Altcoin
    • Press Release
  • Blockchain
  • People
    • Opinion
    • Interview
  • Business
  • Technology
  • Market
  • Analysis
  • Live Price
  • Regulation
  • Guide
No Result
View All Result
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Dogecoin
    • Litecoin
    • Ripple
    • Altcoin
    • Press Release
  • Blockchain
  • People
    • Opinion
    • Interview
  • Business
  • Technology
  • Market
  • Analysis
  • Live Price
  • Regulation
  • Guide
No Result
View All Result
Crypto Miracles
No Result
View All Result
Home Technology

Polygon Labs launches decentralised ID solution for Web3

March 2, 2023
in Technology
Reading Time: 2 mins read
0
Polygon Labs launches decentralised ID solution for Web3
Share on FacebookShare on TwitterPinShare on Reddit


  • Polygon has launched Polygon ID, decentralised identity solution powered by zero-knowledge proofs.
  • The privacy-focused service offers 4 tools to help developers integrate digital ID solutions into applications.
  • Uses cases for Polygon ID include in KYC, e-commerce and passwordless login.

Polygon, the layer-2 scaling solution for Ethereum, has announced the open source of its decentralised identity service dubbed Polygon ID.

This latest Polygon news focuses on a development geared towards bringing digital trust in Web3 one step closer to reality, the Polygon Labs team said.  

As highlighted in a blog post, the zero-knowledge (ZK) proofs-powered solution will help ensure a “more equitable internet.” 

Zero-knowledge proofs digital ID for Web3

Polygon ID is privacy-focused solution that leverages the technology behind the Iden3 protocol and Circom ZK toolkit, Polygon Labs noted.

Per the platform, the decentralised ID service infrastructure comes with four tools designed to help developers build and deploy the best of self-sovereign, decentralised and private ID solutions. Polygon explained:

“This Identity Infrastructure allows anyone to become an issuer, verifier, or holder of a Web3 identity. Off-chain data 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 users able to verify identities without risking their other sensitive information.

The Polygon ID toolset includes a Verifier SDK, Wallet SDK, Issuer Node and Wallet App. Any developer building on Polygon can tap into these tools to integrate digital IDs into applications. The integration can be applied across use cases such as KYC implementation, passwordless logins and e-commerce onboarding.

Several projects have already integrated the ID solution, including IoT and blockchain firm Blockchain Lock, digital passport platform ‍Clique, Web3 game The Sandbox, P2P payments provider ‍DePay, Web3 infrastructure platform Kaleido and NFT wallet and aggregator Komet.

Polygon ID is available to the public almost a year after its introduction, while as reported, the Polygon zkEVM beta is scheduled to go live this March.


Share this article

Categories

Tags



Source link

Related articles

Magic Eden launches its Bitcoin NFT marketplace

Magic Eden launches its Bitcoin NFT marketplace

March 22, 2023
5 applications of blockchain technology beyond crypto

5 applications of blockchain technology beyond crypto

March 16, 2023
Share2Tweet1PinShare
Previous Post

GMT price at risk as StepN monthly and daily users plunge

Next Post

Over 20,000 Ukrainians Sign Up for Free Course on Crypto, Official Says – Bitcoin News

Related Posts

Magic Eden launches its Bitcoin NFT marketplace

Magic Eden launches its Bitcoin NFT marketplace

by cryptomiracles
March 22, 2023

Magic Eden has launched the first fully audited Bitcoin NFT marketplace. The marletplace has integrated two non-custodial wallets to support...

5 applications of blockchain technology beyond crypto

5 applications of blockchain technology beyond crypto

by cryptomiracles
March 16, 2023

Blockchain technology is much more than simply bitcoin. Its potential applications are vast and varied, extending beyond finance to include...

Metaverse: the next big thing to disrupt the digital world

Metaverse: the next big thing to disrupt the digital world

by cryptomiracles
March 13, 2023

People in the crypto space are talking about the Metaverse as a revolutionary innovation that will transform the Internet as...

Trust Wallet adds Ledger hardware support

Trust Wallet adds Ledger hardware support

by cryptomiracles
February 28, 2023

Trust Wallet has announced Ledger hardware support for its browser extension. The new Ledger integration adds a layer of security...

NFT Certification Protocol Wakweli raises $1.1m in its first funding round

NFT Certification Protocol Wakweli raises $1.1m in its first funding round

by cryptomiracles
February 28, 2023

Wakweli is a web3 infrastructure protocol that issues certificates of authenticity for NFTs. The funding round was led by Summit,...

Load More
Next Post
Over 20,000 Ukrainians Sign Up for Free Course on Crypto, Official Says

Over 20,000 Ukrainians Sign Up for Free Course on Crypto, Official Says – Bitcoin News

Ethereum 2.0 Is Almost Here As Altair Upgrade Goes Live

The Shanghai Upgrade Is Unlikely to Spark Massive ETH Selling Pressure — Here's Why

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions.

7 − 4 =

Crypto Miracles

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics, and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Business
  • Dogecoin
  • Ethereum
  • Guide
  • Interview
  • Litecoin
  • Market
  • Opinion
  • Press Release
  • Regulation
  • Ripple
  • Technology
  • Uncategorized

Recent Posts

  • Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access – Bitcoin News
  • SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023 – Op-Ed Bitcoin News
  • EUR/USD Hits 6-Week High, as Greenback Weakens Following Fed Hike – Markets and Prices Bitcoin News

Newsletter

    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions

    cryptomiracles.com © 2021 All rights reserved.

    No Result
    View All Result
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Dogecoin
      • Litecoin
      • Ripple
      • Altcoin
      • Press Release
    • Blockchain
    • People
      • Opinion
      • Interview
    • Business
    • Technology
    • Market
    • Analysis
    • Live Price
    • Regulation
    • Guide

    cryptomiracles.com © 2021 All rights reserved.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.