Crypto.information – Interoperability protocol Rarimo companions with Polygon ID to allow verifiable credential infrastructure throughout a number of blockchains.
Rarimo, a instrument that helps totally different blockchains discuss to one another, has joined forces with Polygon ID, an identification verification framework, to make their identification verification instruments obtainable throughout many alternative blockchains, making Polygon ID a multi-chain instrument.
Polygon IDs beforehand allowed identification verification solely on the blockchain the place they have been first established. For instance, in the event you created your ID in Polygon, you would not be capable of use it (ETH), that means customers needed to create a brand new ID for every block chain. However now with this partnership Polygon (MATIC) generated IDs can be utilized on Ethereum. Different blockchains such because the BNB chain (BNB) and (AVAX) are anticipated to affix the checklist quickly.
Polygon ID makes use of self-identification (SSI), which permits establishments akin to banks or governments to concern vital paperwork akin to college levels or driver’s licenses. Customers can retailer these paperwork in non-public digital wallets and select when and the place to show them. It makes use of a way known as zero-knowledge proof, which permits customers to show that they’re who they are saying they’re with out revealing non-public info.
Polygon ID, first launched in 2022. March. and made freely obtainable in March of the identical 12 months, is the primary and solely system to make use of this zero-knowledge proof for off-chain paperwork. It permits customers to submit their paperwork to sensible contracts and use on-chain functions or decentralized functions. These zero-knowledge proofs not solely affirm the existence of the doc, but in addition defend the person’s info.
The partnership between Rarimo and Polygon ID factors to a future the place customers can simply entry paperwork from a number of sources, each on and off the blockchain, throughout a number of programs and apps. It additionally envisions a future the place customers, somewhat than companies like Meta and Google (NASDAQ: ) personal their identities, making the identification verification course of safer and personal.
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