MATIC outperforms market as Polygon ID release 5 enhances security and expands ecosystem capabilities

MATIC outperforms market as Polygon ID release 5 enhances security and expands ecosystem capabilities

The Polygon network’s digital identity protocol, Polygon ID Release 5, has officially launched, marking a pivotal advancement in the decentralized identity ecosystem. This latest release introduces features to amplify the quantity and diversity of credentials available, underscoring Polygon’s commitment to fostering a robust decentralized identity landscape.
Polygon ID is a set of developer tools that can facilitate trusted and secure relationships between apps and users. It was one of the first identity platforms powered by zero-knowledge (ZK) cryptography, privacy, and blockchain scaling technology. Polygon ID includes:
Blockchain-based ID for decentralized and self-sovereign models.
Zero-knowledge native protocols for ultimate user privacy.
Scalable and private on-chain verification to boost decentralized apps and decentralized finance.
Open to existing standards and ecosystem development.
Innovations in On-Chain Credential Issuance
Central to Release 5 is introducing a new

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