{"id":64524,"date":"2023-11-14T13:54:49","date_gmt":"2023-11-14T17:54:49","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=64524"},"modified":"2023-11-14T13:56:15","modified_gmt":"2023-11-14T17:56:15","slug":"polygon-labs-reveals-updated-web3-identification-service","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/polygon-labs-reveals-updated-web3-identification-service\/","title":{"rendered":"Polygon Labs Reveals Updated Web3 Identification Service"},"content":{"rendered":"\n<p>The Polygon project released the fifth iteration of Polygon ID, a <a href=\"https:\/\/coinscreed.com\/staging\/web3-and-the-future-of-identity-management.html\" target=\"_blank\" rel=\"noreferrer noopener\">web3 identification service<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1699982816509-1024x576.jpg\" alt=\"Polygon Labs Reveals Updated Web3 Identification Service\" class=\"wp-image-64526\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1699982816509-1024x576.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1699982816509-300x169.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1699982816509-768x432.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1699982816509-18x10.jpg 18w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1699982816509-750x422.jpg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1699982816509-1140x641.jpg 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1699982816509.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Polygon Labs Reveals Updated Web3 Identification Service<\/figcaption><\/figure>\n\n\n\n<p>With the tool, apps can validate user data without disclosing the <a href=\"https:\/\/coinscreed.com\/staging\/twitter-hacker-put-200m-users-private-information-up-for-grabs.html\" target=\"_blank\" rel=\"noreferrer noopener\">users' private information<\/a>. Interoperability and identification reuse are made possible by Polygon (MATIC) ID.<\/p>\n\n\n\n<p>In line with the blog post, information can be used again endlessly as long as the issuer does not withdraw it and the owner receives it from the issuer.<\/p>\n\n\n\n<p>Also, according to the <a href=\"https:\/\/www.bing.com\/search?q=Polygon+Labs+Reveals+Updated+Web3+Identification+Service&cvid=234e3b52907d41489b3c4039304b4a8f&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRg9qAIAsAIA&FORM=ANAB01&PC=WSEDDB\" target=\"_blank\" rel=\"noreferrer noopener\">W3C VC standard<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>, identity data can also be exchanged with third parties. There are now more and a wider range of possible accounts in the fifth version. <\/p>\n\n\n\n<p>The update's developers included a new credential marketplace, enhancements for the issuer node, and a new network issuer. The process of creating an account is made simpler and more flexible by the additional features.<\/p>\n\n\n\n<p>Polygon launched <a href=\"https:\/\/coinscreed.com\/staging\/polygon-id-becomes-available-on-ethereum.html\" target=\"_blank\" rel=\"noreferrer noopener\">Polygon ID<\/a>, a web3 identity service, at the beginning of March. Users can verify accounts with its assistance without revealing personal information. <\/p>\n\n\n\n<p>With this kind of innovation, user data on the blockchain may be verified while privacy is preserved. The so-called zero-knowledge technology is employed by it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Polygon project released the fifth iteration of Polygon ID, a web3 identification service. With the tool, apps can validate user data without disclosing the users&#8217; private information. Interoperability and identification reuse are made possible by Polygon (MATIC) ID. In line with the blog post, information can be used again endlessly as long as the [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":64526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11411],"tags":[13750,8294],"class_list":["post-64524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web3","tag-polygon-labs","tag-web-3-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1699982816509.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/64524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=64524"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/64524\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/64526"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=64524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=64524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=64524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}