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River, Protocol for Securing Communications, Acquires Llama, Protocol for Decentralized Governance

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Credit : www.coindesk.com

Privado ID (previously Polygon ID), a privacy-focused digital identification platform, announced the launch of a “multi-chain, device-agnostic identification attestation protocol that permits folks to seamlessly confirm their credentials throughout a number of EVM-compatible blockchains,” a feat it describes as an “trade first.” Evin McMullen, co-founder and Chief Technique Officer, mentioned in a press launch: “This protocol is the at the moment lacking middleware infrastructure that mainstream Web3 ecosystems must constantly drive worth from the infrastructure to the applying layer.” Based on the discharge: “At launch, Privado’s common verifier is already deployed by distinguished blockchain ecosystems akin to Linea, Polygon PoS, Polygon zkEVM and Ethereum, with extra EVM and non-EVM networks to be deployed within the coming months. Privado ID additionally actively collaborates with blockchain ecosystems, protocols and enterprises and authorities companies to additional increase the ecosystem of appropriate platforms sooner or later. The brand new protocol introduces cross-chain compatibility, permitting customers to confirm their identification as soon as and apply it to any supported blockchain. These unified digital credentials, which might unlock entry or capabilities for customers throughout a number of decentralized ecosystems and gadgets, present a technically resilient type of identification that’s appropriate with legacy establishments akin to banks and governments.”

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