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

November 3, 2024
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Privado ID (previously Polygon ID), a privacy-focused digital identification platform, introduced 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,” an achievement it describes as an “business first.” Evin McMullen, co-founder and chief technique officer, stated in a press launch: “This protocol is the at the moment lacking middleware infrastructure that mainstream Web3 ecosystems must drive worth constantly from the infrastructure towards the appliance layer.” In response to the discharge: “At launch, Privado’s common verifier is already deployed by such outstanding blockchain ecosystems as Linea, Polygon PoS, Polygon zkEVM, and Ethereum, with extra EVM and non-EVM networks scheduled for deployment within the coming months. Privado ID can also be actively collaborating with blockchain ecosystems, protocols and enterprises and authorities entities to proceed increasing 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 use it throughout any supported blockchain. These unified digital credentials, which may unlock entry or capabilities for customers used throughout a number of decentralized ecosystems and gadgets, provide a technically resilient type of identification appropriate with legacy establishments like banks and governments.”



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Tags: AcquiresCommunicationsDecentralizedGovernanceLlamaProtocolRiverSecuring
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