Polygon ID will bring the privacy of user data that Web3 promised.
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Identity verification and data sharing have been the prime web2 flaws that Web3-based blockchain technology promises to solve.
For this Polygon Blockchain launched Polygon ID, as part of its Zero Knowledge proof centric product portfolio.
What is Polygon ID?
As the Polygon’s co-founder Mihailo Bjelic states “Polygon ID is private by default, offers on-chain verification and permission less attestation. There is nothing in the digital identity space now that ticks all these boxes. It is also a great showcase for how zero knowledge proofs can help us create a better world.”
Polygon ID is an autonomous, decentralized, and private identity powered by blockchain technology.
It leverages the Iden3 Protocol and Cirom ZK toolkit.
Polygon ID is the first-ever identity system powered by Zero-Knowledge proof.
It helps to promote dApps and Defi by establishing access rights and reputation on the Blockchain while protecting user privacy. It is open to ecosystem development and current standards.
Polygon ID is a new kind of technological solution for a digital identity impervious to censorship.
It utilizes protocols built from the ground up for zero-knowledge zkSNARK technology, the most effective cryptography for on-chain proof verifications, privacy is achieved by default.
How Polygon ID works?
Users will be able to join Decentralized platforms and applications using Polygon ID which is portable and not limited to one app.
Without requesting user information, it will let decentralized platforms to board users through an identity verification process driven by the ID’s Zero Knowledge technology.
These are the features of Polygon ID –
- Polygon ID provides Blockchain-based identification for decentralized and autonomous models.
- Polygon ID has Native protocols with zero-knowledge for maximum user privacy.
- To promote decentralized applications and decentralized finance it uses scalable and private on-chain verification.
- Polygon ID has open to current norms and ecological growth.
- Polygon ID’s trust model is based on user-owned data, unlike Web2’s trust model where all apps have access to user’s information.
- It lets users create Blockchain-Native Identities and On-Chain Verification without compromising their private information.
What is ZKP?
In the web2 environment, data stealing or data leak is common news. Whether a small digital company or government organizations all have been compromised with precious user data.
But blockchain technology along with advanced cryptography solutions aims to get rid of this problem.
Zero knowledge proofs are advanced cryptography schemes.
ZKP allows two users to demonstrate their knowledge of a specific value or piece of data without actually disclosing that value. The prove-and-verify procedure is used.
It exchanges data or messages without disclosing private information by proving through a verification method.
This technique is comparable to the code-language techniques we employ daily. When one user communicates with another via a passcode or code word to imply that they are aware of the information and can be trusted with the following step.
While data transfer and message sharing are essential in the business sector, where they also happen often, the procedure needed to establish trust takes time and can be difficult.
What is iden3?
Iden3 is a web3 protocol powered by the ethereum blockchain. It provides a digital , blockchain based secure ID model.
Iden3 protocol helps users to prove their access rights without proving their identity.
It is a private access control method based on self-sovereign character, outlined for decentralized, and trust-minimized situations.
How to create Polygon ID?
Users can create their Polygon ID through their polygon ID wallet.
For this first, you have to download the Polygon ID app from the app store or play store.
To download the app you can go to https://verify.polygonid.com/ and scan the QR code with Polygon ID wallet mobile app.
After which you can create your polygon ID.
Polygon ID provides all features of a polygon network such as –
- Private verification of personhood
- Anonymous, credentialed voting
- Private notoriety building
Polygon will soon launch its Polygon ID platform and Connect. The platform will be an open sourced platform for developers and businesses. Organizations and developers will be able to characterize and oversee the belief lifecycle of their applications.
While Connect will enable access across the native app and will allow other dApps to coordinate.