Polygon ID platform seeks to enhance self-agency and privacy in the Web3 space

Polygon ID platform seeks to enhance self-agency and privacy in the Web3 space

The zero-knowledge-based platform is expected to be fully operational in Q3 of 2022. Layer-2 Ethereum scaling solution, Polygon (MATIC) has announced the establishment of Polygon ID, an identity platform designed to complement the decentralized finance and decentralized application (DApp) economies by providing users greater privacy and sovereignty within Web3.Professed to be the first identity platform of its kind to adopt cryptographic-based zero-knowledge technology, the platform will utilize Iden3’s Circom ZK toolkit, including zk-SNARK cryptography for the generation and the zk-Proof....


Related News

GameSwift Partners With Polygon To Become A Gaming Ecosystem For Web3 Games

GameSwift – a Web3 gaming solution, has announced a strategic partnership with the Polygon network to build a comprehensive Gaming Ecosystem. GameSwift partnered up with  Polygon and is going to launch its own chain built on the Polygon Edge framework. The platform is tailored to gamers and gaming protocols in the Web3 gaming space to […]

Polygon Announces Zero-Knowledge Identity Platform for Web3

On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects a public version of the ID wallet app and software development kit (SDK) to release by Q2 2022. Polygon Reveals ID Protocol Powered by ZK Technology Polygon has introduced a new identity platform called Polygon ID that aims to bolster zero-knowledge identity for Web3 applications. In the....

Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci

On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s decentralized data cloud (DDC) platform and the proof-of-stake blockchain network Polygon. Cere Network Launches All-in-One Web3 Media Platform Built on Polygon Non-fungible token (NFT) media has become a big deal and a billion-dollar industry during the last year. However, the space has....

Why GameSwift Is The Solution To Web3 Gaming Challenges

The Web3 gaming ecosystem has grown swiftly in the last two years. The crypto space has attracted billions of dollars in investments, and now it’s starting to attract the attention of gamers with a trend called web3 gaming. However, given that the space is relatively young, it still encounters its fair share of challenges. These challenges have been made even more obvious in the bear market. From a high barrier to entry to complicated technological navigations required to access the games, blockchain gaming has been held back in its growth by the lack of solutions to these challenges.....

Polygon Allots $100 Million For Expansion Of Blockchain ‘Supernets’

Polygon has unveiled a $100 million budget for a new blockchain network dedicated to Web3 development. The network, dubbed Supernets – application-specific blockchains with enhanced efficiency – aims to promote an ecosystem of activities centered on innovation on the Polygon network and Web3 in general. Sandeep Naliwal, co-founder of Polygon, announced in a statement: “The […]