Polygon announced via Twitter on Wednesday that its Polygon ID is now live. Polygon ID is a self-sovereign identity solution powered by ZK cryptography that brings huge potential for DAO governance. According to Polygon, PolygonID puts users in complete control of their data. Polygon ID enables a whole host of features previously inaccessible to DAOs, it added.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is up by 3.5% in the last 24 hours and is currently trading at $0.618.