Decentralized Universal Basic Income
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Polygon launches decentralized ID product powered by ZK proofs

Polygon, a layer-2 scaling protocol for Ethereum, has launched a zero-knowledge decentralized identity solutionto the public nearly a year after announcing its development.The Polygon ID service uses zero-knowledge proofs (ZK proofs) that use cryptographic techniques to allow users to verify their…

What is a decentralized application? Common DApp applications

Decentralized application (DApp) is an application that operates on the blockchain network. It is a software system that does not rely on central institutions or individuals. It is generally based on distributed ledger technology and has achieved the characteristics of decentralization. This means that the information and records of the application should be stored all over the network and not controlled by a single entity.

DeFi:The operation mode and importance of decentralized ID

The technology DeFi is based on also provides solutions to current obstacles. The solution comes in the form of decentralized identity or did. By using blockchain, smart contract and irreplaceable token (NFT), decentralized identity can provide accurate information for legislators, and also protect users' sovereignty and privacy.

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