Polygon Labs, a leading provider of blockchain solutions, has announced the launch of its latest product, Polygon ID. The new Web3 infrastructure is designed to facilitate and secure connectivity between decentralized applications (dApps) and Web3.
According to the developers, Polygon ID is based on the principle of self-sovereign identity, which allows establishments to issue verifiable credentials to their users. Recipients and organizations can then verify identity claims using a toolkit integrated into the identity system.
The new product has been in development for over a year and is now available to the public. Polygon Labs has also revealed plans to launch an open-source software development kit (SDK) for the Polygon ID.
The zero-knowledge identity protocol used in Polygon ID ensures that user data is kept private and secure. This is achieved by allowing users to prove their identity without revealing any personal information.
Commenting on the launch, a spokesperson for Polygon Labs said, “We are excited to introduce Polygon ID, which we believe will revolutionize the way decentralized applications interact with Web3. Our zero-knowledge identity protocol ensures that user data is kept private and secure, while our self-sovereign identity principle allows for easy issuance and verification of identity claims.”
The launch of Polygon ID is expected to have a significant impact on the blockchain industry, as it provides a secure and efficient way for dApps to interact with Web3. With the open-source SDK set to be released soon, developers will have access to a powerful tool for building decentralized applications that prioritize user privacy and security.
