zkMe on PolygonID — Quick Start Guide
zkMe Becomes First Decentralized Issuer to Launch on PolygonID
zkMe Becomes First Decentralized Issuer to Launch on PolygonID
zkMe has collaborated with Polygon ID to become the first decentralized issuer to offer verifiable credentials using self-sovereign identity framework of PolygonID. This collaboration will provide significant benefits to B2B customers looking for secure and private identity verification.
Polygon ID offers a decentralized identity and credentialing platform built on the principles of zkProofs, cryptography, Verifiable Credentials and self-sovereignty of user privacy. It allows users to securely store their identity data and share verified credentials with applications that require identity verification.
Benefits for B2B Users
The integration of zkMe’s zero-knowledge KYC (zkKYC) solution on Polygon ID delivers the following advantages:
- Increased privacy and security — zkKYC credentials leverage zero-knowledge cryptography to prove identity attributes without revealing any personal data.
- Reduced KYC costs — Polygon ID’s credentialing framework minimizes redundancy by allowing verified credentials to be reused across different services.
- Compliance — zkKYC credentials comply with global KYC/AML regulations.
- Interoperability — Credentials on Polygon ID can interface with other blockchain networks via bridges.
How It Works
zkMe’s zkKYC solution functions on Polygon ID as follows:
- Users go through zkMe’s KYC process and obtain a zkKYC credential.
- This credential is issued on Polygon ID, where users can store it in their PolygonID compatible wallet.
- When a business requires identity verification, the user can share the zkKYC credential from their Polygon ID compatible wallet.
- The business can instantly verify the zkProof shared by the user through a PolygonID compatible wallet without accessing any private user data.
Getting zkKYC on Polygon ID
To get a reusable zkKYC credential on Polygon ID:
- Create a Polygon ID digital identity wallet.
- Follow the steps outlined on the zkMe webapp page and complete zkMe’s KYC process.
- Accept the zkKYC credential issued to your Polygon ID wallet.
- Share the credential when required to prove your identity.
The integration of zkMe with Polygon ID brings decentralized, secure and private KYC to businesses across industries. This is a major development that could accelerate mainstream adoption of verifiable credentials.
About PolygonID
Polygon ID is a set of identity infrastructure that gives developers the power to build secure and trusted relationships between users and apps, following the principles of self-sovereign identity (SSI) and supported by privacy features. Polygon ID enables trust issuers to connect with trust verifiers via verifiable credentials and SDKs created for each member of the SSI ecosystem. Individuals receive and store verifiable credentials in a personal wallet, and use zero-knowledge (ZK) proofs to privately verify the statements made about them. This enables anyone to securely interact with both off-chain applications as well as smart contracts without necessarily revealing personal information.
About zkMe
zkMe builds zk Identity Oracles for truly decentralized & anonymous cross-chain credential verifications.
No personal information is ever processed by anyone but the user themselves. Data leaks & misuse by the service provider are impossible; full interoperability & reusability result in a superior ID solution. zkMe’s is the only FATF compliant KYC provider to be fully decentralized, offering a full suite of products from anti-bit/anti-sybil, to KYC and more.
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