TechFlow news: Polygon ID has spun out from Polygon Labs and rebranded as Privado ID to expand beyond the Polygon network.
The move aims to meet global demand for digital identity and reputation solutions capable of working with both online and on-chain data, addressing rising concerns around identity theft, fraud, and AI-generated content.
The Privado ID team includes Polygon co-founders David Schwartz and Antoni Martin as CEO and COO, Jordi Baylina—key figure in Polygon zkEVM development—as technical advisor, and Sandeep Nailwal, co-founder of Polygon Labs, as growth advisor.
They believe Privado ID's technology will revolutionize how individuals, institutions, and organizations discover and interact with each other in the connected space, reducing the cost of trust and mitigating risks of identity theft, fraud, and misinformation.
