Verida to Transform Digital Privacy Through Partnerships and T | Crypto LVL

Verida to Transform Digital Privacy Through Partnerships and Technology

Decentralized digital identity provider, Verida has rolled out several products and features including its recent partnership with zkPass, a private data protocol to secure user identity while verifying their identities on websites.

The partnership with zkPass helps users verify their identity on government and private websites without compromising privacy. This could mean verification of financials and credit facilities on several institutions, social platforms, and more.

Use cases on the zero-knowledge proof set could extend to citizens verifying credentials on government platforms like citizenship or residency over a certain period and verifying that they possess a stipulated amount of money in a bank.

“The magic happens directly on the user’s local device, where zkPass generates verifiable proofs. Once a proof is created, it is seamlessly sent to the user’s Verida Wallet, ensuring a secure and private storage solution on the Verida Network. The proof, represented as a Polygon ID zero-knowledge proof, can then be leveraged both on and off-chain.”