The Polygon blockchain team has been working tirelessly to create a more secure and equitable internet by using blockchain technology to enhance identity management.
In its latest development, the Polygon ID team has released four tools to move towards a self-sovereign future. These tools include a wallet SDK, a wallet app, a verifier SDK, and an issue node.
The Polygon ID framework consists of three modules: the Identity Holder, the Issuer, and the Verifier. The Identity Holder is an entity that holds claims in its wallet, with verifiable credentials (VCs) issued by an issuer. The Identity Holder generates a zero-knowledge proof of the VCs issued and presents these proofs to the verifier. The Issuer is an entity that issues VCs to holders and cryptographically signs every VC. The Verifier’s job is to verify the proofs presented by a holder and perform a set of checks while verifying the proof.
These tools have the potential to revolutionize the identity market, making it more secure for billions of people worldwide. With these tools, Polygon aims to create a more equitable internet without compromising individuals’ identities.
To ensure the security of digital identities, Polygon uses blockchain technology, which is immutable and tamper-proof, providing a higher level of security. This technology ensures that the identity is not controlled by any central authority, and only the individual holds control over their identity.
The Polygon ID team’s work has already garnered widespread attention and has the potential to transform the digital identity market by providing a solution that is both secure and user-friendly. This development could have far-reaching implications for various industries, including finance, healthcare, and e-commerce, where digital identity is crucial.
In conclusion, Polygon’s latest tools represent a significant step towards creating a more secure and equitable internet. With its innovative approach to identity management, Polygon is positioning itself as a leader in the blockchain space and paving the way for a more secure digital future.
