The fifth version of Polygon ID has been released by the Polygon project, offering a valuable service for identification within the Web3 community.
Through this tool, dApps can authenticate user data without revealing their personal information.
This is made possible through the use of zero-knowledge proofs, which protect the encrypted accounts while allowing them to be verified by the relying party.
One of the key features of Polygon ID is its ability to promote identity reuse and interoperability.
Once the owner receives their information from the issuer, they can use it repeatedly as long as it remains valid and is not revoked by the issuer.
Additionally, the identity data can be shared with other parties in accordance with the W3C VC standard. The fifth version of Polygon ID also introduces new functionality such as a new network issuer, improvements for the issuer node, and a marketplace for credentials.
These updates aim to simplify the process and broaden the options for creating an account. With this new version, users can expect an increased number and variety of available accounts.
