Last Updated on March 2, 2023 by Bitfinsider
Land, have already demonstrated their support for Polygon ID, which comes with a developer tools. It employs zero-knowledge proofs, which can authenticate data while keeping it encrypted and concealed from the entity performing the verification.
Compliance use cases such as the “Know Your Client” procedure needed for centralized exchanges, permissioned DeFi platforms, and fiat transfers for on-ramp and off-ramp could benefit from Polygon ID. It complements Polygon’s pocketbook.
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