Privado ID Launches Multi-Chain Identity-Verification Protocol, Claiming Industry First
Privado ID has introduced a multi-chain, device-agnostic identity attestation protocol, aiming to facilitate seamless credential verification across various EVM-compatible blockchains. This initiative is deemed an industry first and aims to provide the necessary middleware for advancing Web3 ecosystems. Initially, the universal verifier will support platforms such as Linea and Polygon. Furthermore, cross-chain compatibility means users can verify their identities once for use on any supported blockchain, enhancing user access to multiple decentralized environments. In related news, Glow's Solar Acceleration Protocol secured $30 million in funding to expand utility-scale solar farms. Mawari Network announced a node sale to enhance its 3D streaming capabilities, while Coinbase's Base integrated fault proofs to improve decentralization. Other notable developments include Soulbound's new streaming features, Legion's partnership with Arbitrum, and Deep Blue's integration with Arbitrum for stablecoin issuance. The overall landscape shows diverse advancements in blockchain identity verification, decentralized finance, and energy infrastructure.
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