Privado ID, formerly known as Polygon ID, has officially announced its separation from Polygon Labs on June 13, 2024. This decision was made to address the growing global need for advanced digital identity and reputation solutions that can effectively manage both onchain and online data. Utilizing cutting-edge technology, Privado ID focuses on decentralization and private interactions to streamline processes, reduce costs, complexity, and mitigate counterparty risks.
The company is actively forging strategic partnerships with onchain and institutional entities, engaging in proof-of-concept collaborations with various multinational banking and financial service firms. Privado ID’s innovative identity tools play a key role in verifying the authenticity and sources of digital content, offering protection against the dangers of misinformation generated by artificial intelligence.
At the helm of Privado ID are co-founders David Schwartz, serving as CEO, and Antoni Martin, who holds the position of COO. Additionally, Jordi Baylina and Sandeep Nailwal contribute as non-executive co-founders, collectively driving the company towards success in the realm of digital identity and reputation solutions.
