Blockchain project Polygon has launched an identity service that allows users to authenticate users while keeping sensitive data private.
Polygon co-founder Mihailo Bjelic has said on the launch:
“We are announcing the launch of Polygon ID, the first zero-knowledge proof-based sovereign identity system. Polygon aims to become the de facto platform for Web3 development.”
The platform uses iden3, a decentralized zero-knowledge proof-based identity protocol, a technology that allows users to verify data that remains encrypted and hidden from the relying party.
The project developers believe Polygon ID is a new step in the development of on-chain authentication, since the solution eliminates the need to use centralized intermediary services.