Acquisition of Llama: River Protocol Strengthens Communications Security with Decentralized Governance Protocol

Privado ID (formerly Polygon ID), a privacy-focused digital identity platform, has announced the launch of a groundbreaking “multi-chain, device-agnostic identity attestation protocol that enables individuals to easily verify their credentials across multiple EVM-compatible blockchains,” marking a significant milestone in the industry. Evin McMullen, co-founder and chief strategy officer, expressed in a press release: “This protocol serves as the essential middleware infrastructure that mainstream Web3 ecosystems require to consistently drive value from the infrastructure to the application layer.” As stated in the release: “Upon its release, Privado’s universal verifier is already integrated with prominent blockchain ecosystems such as Linea, Polygon PoS, Polygon zkEVM, and Ethereum, with additional EVM and non-EVM networks set to be integrated in the near future. Privado ID is actively engaged in partnerships with blockchain ecosystems, protocols, enterprises, and government entities to further broaden the array of compatible platforms moving forward. The new protocol introduces cross-chain compatibility, enabling users to verify their identity once and utilize it across any supported blockchain. These unified digital credentials offer a resilient form of identity that can be utilized across various decentralized ecosystems and devices, providing access and capabilities to users and remaining compatible with traditional institutions like banks and governments.”