Identity

Polygon

<div class="cryptonews">
 <p class="is-style-lead">The Polygon project has launched the fifth version of Polygon ID, a <a rel="noopener noreferrer nofollow" title="service" href="https://thebittimes.com/tag/service.html">service</a> for <a rel="noopener noreferrer nofollow" title="identification" href="https://thebittimes.com/tag/identification.html">identification</a> in the web3 space.</p>
 <p>The tool allows&nbsp;dapps&nbsp;to verify user data without revealing their personal information. Polygon (MATIC) ID enables identity reuse and interoperability.</p>
 <p>Once the issuer provides the information to the owner, it can be reused indefinitely as long as it remains valid and is not withdrawn by the issuer, according to the blog statement.</p>
 <p>Identity data can also be shared with other parties under the W3C VC standard. The fifth version has increased the number and variety of available accounts. The developers added a new network issuer to the <a rel="noopener noreferrer nofollow" title="update" href="https://thebittimes.com/tag/update.html">update</a>, improvements for the issuer node, and a new credential marketplace.</p>
 <p>The new functionality simplifies the process and expands the possibilities for generating an account.</p>
 <p>In early March, Polygon&nbsp;released&nbsp;a web3 identity <a rel="noopener noreferrer nofollow" title="service" href="https://thebittimes.com/tag/service.html">service</a> called Polygon ID. With its help, users can confirm accounts without using personal information. Such an innovation can verify user data on the blockchain while maintaining privacy. It uses the so-called zero-knowledge technology.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/polygon-labs-reveals-updated-web3-identification-service-tbt70224.html">https://thebittimes.com/polygon-labs-reveals-updated-web3-identification-service-tbt70224.html</a></p>

Polygon Labs reveals updated web3 identification service

TheBitTimes

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