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Polygon ID Release 5 comes with exciting new features including on-chain issuer, issuer node, along with the addition of a new credentials marketplace. In a groundbreaking development, Polygon ID has unveiled Release 5, a significant stride toward constructing a dynamic decentralized identity ecosystem. This latest release introduces a host of features
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The European Commission has moved to impleme educational and professional credentials will be verified across borders. In an announcement on June 7, the Web3 and blockchain solutions provider, Protokol, revealed a collaboration with EBSI Vector, a European Union-funded project creating a decentralized framework for cross-border verification.The project will use blockchain
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“If two people want to transfer value from one country to another country, the level of compliance and verification needed is complex,” said Raj Dhamodharan Head of Crypto and Blockchain at Mastercard. “So how do you identify those wallets, and how do you exchange enough information about the other party?" Original
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With the web3 industry expanding, decentralized identity systems are beginning to gain traction. Since 2022, domain systems such as Ethereum Name Service (ENS) have become popular. This led to the establishment of the Web3.com project. Its flagship product, Web3ite Pass, is an ecological credential that links the web2 and web3 worlds. It
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The first thing that comes to mind when thinking of Web3 might be the likes of NFTs, the metaverse or blockchain technology. Although all of these concepts do fall under the umbrella that is Web3, additional features such as credential data networks also fit into the picture, which play an
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Latest report from international data protection and privacy authorities has identified credential stuffing as a significant and growing cyber threat to personal information. Credential stuffing is a cyber-attack method that exploits people’s tendency to use the same username and
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"1Password shares our commitment to help bring Web 3 mainstream by making the user experience safe and easy-to-use," said Brandon Millman, CEO of Phantom, in a statement. "Together with 1Password, we will provide an industry-leading approach to key management, so our users can focus on using their crypto wallet, instead
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