Crypto.information – Interoperability protocol Rarimo has partnered with Polygon ID to allow using verifiable credentials infrastructure throughout a number of blockchains.
Ranimo, a device that helps totally different blockchains to speak with one another, has partnered with Polygon ID, an identification checking system, to make the identification checking device out there on totally different blockchains, turning Polygon ID right into a multi-chain device.
Polygon ID beforehand solely allowed identification checks on the blockchain it was initially arrange on. For instance, should you create an ID in Polygon, you can not use that ID in (ETH). This meant that customers needed to create new identities for every blockchain. Nonetheless, with this partnership, IDs created with Polygon (MATIC) can now be used on Ethereum as effectively. Different blockchains reminiscent of BNB Chain (BNB) and (AVAX) will quickly be a part of this listing.
Polygon ID makes use of self-sovereign identification (SSI), which permits establishments reminiscent of banks and governments to subject necessary paperwork reminiscent of school levels and driver’s licenses. Customers can retailer these paperwork in a personal digital pockets and select when and the place to view them. It makes use of a method known as zero-knowledge proof that enables customers to show they’re who they are saying they’re with out revealing any private info.
First launched in March 2022 and made out there at no cost in March 2022, Polygon ID is the primary and solely system to make use of these zero-knowledge proofs for off-chain paperwork. It permits customers to ship paperwork to smarthi contracts and work together with on-chain dapps or decentralized functions. These zero-knowledge proofs not solely verify the existence of paperwork, but additionally preserve person info protected.
The partnership between rarimo and Polygon ID represents a future the place customers can simply eat paperwork from totally different sources inside and out of doors the blockchain, throughout totally different programs and dapps. It additionally brings the idea of the long run the place customers are accountable for their very own girlfriend identities, moderately than corporations like Meta or Google (NASDAQ:), making the method of verifying identities safer and personal.
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