Privacy-focused digital identity platform Privado ID, has launched a multi-chain, device-agnostic identity attestation protocol that enables people to verify their credentials across multiple EVM-compatible blockchains, in a move to streamline the end-user experience in the Web3 space.
The new protocol from Privado ID introduces cross-chain compatibility, enabling users to verify their identity once and use it across any supported blockchain. These unified digital credentials, which can unlock access or capabilities for users used across multiple decentralised ecosystems and devices, offer a more resilient form of identity compatible with legacy institutions like banks and governments.
The protocol also enables blockchain developers to easily build more user-friendly decentralised apps without worrying about the complexities of different identity systems on various networks. The reusability of credentials should result in quicker, smoother user onboarding to new applications.
“We’re taking a major leap towards solving the challenge of fragmented identities in the blockchain space,” explained Evin McMullen, co-founder and chief strategy officer at Privado ID. “In the real world, people and businesses interact with multiple service providers and multiple devices over the course of their lifetimes. The same is true of on-chain apps and protocols. We have a very practical approach to identity: we make it easier to prove things about yourself and unlock value anywhere, in a secure, discreet manner.
“This protocol is the currently missing middleware infrastructure that mainstream Web3 ecosystems need to drive value continuously from the infrastructure toward the application layer.”
By integrating this identity protocol, blockchain networks can attract additional developers, applications, and users, fostering more vibrant ecosystems to massively accelerate the mainstream adoption of blockchain technology.
Enhancing the blockchain ecosystem experience
Privado’s verifier is already deployed by prominent blockchain ecosystems including Linea, Polygon PoS, Polygon zkEVM, and Ethereum, with more EVM and non-EVM networks scheduled for deployment in the near future. Privado ID is also actively collaborating with blockchain ecosystems, protocols and enterprises and government entities to continue expanding the ecosystem of compatible platforms in the future.
Alongside the new protocol, Privado ID has also launched its new Privado ID Mobile App and an upgraded Privado ID Web Wallet. These tools enable users to manage their blockchain identity across their smartphones, tablets, and computers.
Privado ID’s next update promises to further streamline the user experience, as well as enhance interoperability across blockchain networks. The release plans to introduce a synchronised registry system across all supported blockchains, eliminating the need for users to repeatedly confirm their credentials on different chains.
This would mean that once a user verifies a credential on one supported blockchain, that verification will be automatically recognised across all integrated networks. Users will be able to interact with one blockchain ecosystem and immediately enjoy the benefits in another, without the need for additional verifications or transactions.
The post New Privado ID Protocol Enables Users to Verify Identity Across Multiple Blockchains appeared first on The Fintech Times.
