Friday, November 22

Privacy-focused digital identity platform Privado ID (formerly Polygon ID) has launched a multi-chain, device-agnostic identity attestation protocol. The protocol allows people to seamlessly verify their credentials across multiple EVM-compatible blockchains.

“We’re taking a major leap towards solving the challenge of fragmented identities in the blockchain space,” said Evin McMullen, co-founder and Chief Strategy Officer at Privado ID.

“In the real world, people and businesses interact with multiple service providers and multiple devices over the course of their lifetimes. The same is true of onchain apps and protocols. We have a very practical approach to identity: we make it easier to prove things about yourself and unlock value anywhere, in a secure, discreet manner,” Evin added.

“This protocol is the currently missing middleware infrastructure that mainstream Web3 ecosystems need to drive value continuously from the infrastructure toward the application layer.”

At launch, Privado’s universal verifier is already deployed by such prominent blockchain ecosystems as Linea, Polygon PoS, Polygon zkEVM, and Ethereum, with more EVM and non-EVM networks scheduled for deployment in the coming months.

Privado ID is also actively collaborating with blockchain ecosystems, protocolsand enterprises and government entities  to continue expanding the ecosystem of compatible platforms in the future.

The new protocol introduces cross-chain compatibility, allowing users to verify their identity once and use it across any supported blockchain. These unified digital credentials, which can unlock access or capabilities for users used across multiple decentralized ecosystems and devices, offer a technically resilient form of identity compatible with legacy institutions like banks and governments.

the protocol also allows blockchain developers to easily build more user-friendly decentralized apps without worrying about the complexities of different identity systems on various networks. This identity data also informs value distribution onchain, such as airdrops or incentives. The reusability of credentials also results in quicker, smoother user onboarding to new applications, and more nuanced personalization of their incentives and experiences.

By integrating this identity protocol, blockchain networks can attract additional developers, applications, and users, fostering more vibrant ecosystems to massively accelerate the mainstream adoption of blockchain technology.

Alongside the new protocol, Privado ID has also introduced an enhanced multi-device experience with the launch of the new Privado ID Mobile App and an upgraded Privado ID Web Wallet. These tools allow users to manage their blockchain identity across their smartphones, tablets, and computers.

With seamless synchronization between the app and the Web Wallet, the update now offers a fully integrated and unified identity management solution across all users’ devices.

Privado ID is already working on its next major update, which promises to streamline the user experience further and enhance interoperability across blockchain networks. The upcoming release will introduce a synchronized registry system across all supported blockchains, eliminating the need for users to repeatedly confirm their credentials on different chains.

This advancement means that once a user verifies a credential on one supported blockchain, that verification will be automatically recognized across all integrated networks. Users will be able to interact with one blockchain ecosystem and immediately enjoy the benefits in another, without the need for additional verifications or transactions.

Read Also: GLDT Debuts First DAO-Governed, Gold-Backed Token for Decentralized Transactions

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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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