# Blockchain-Based Verification Tools Polygon Unveils Digital Identity Verification Tool, PolygonID By Niko Pajkovic | Published 2022-03-31 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/polygonid References: [cryptobriefing](https://cryptobriefing.com/polygon-announces-new-zk-proof-based-identity-solution/)  Software security company [Polygon](https://www.trendhunter.com/trends/phantom) has announced that it will be launching a new zero-knowledge proof-based identity solution for [Web3](https://www.trendhunter.com/trends/trace-network-labs) called Polygon ID. The new tool will allow users to prove their identities "on-chain" instead of uploading sensitive documents online -- i.e. their passports, driver's licenses, health cards, etc. The new identity-focused service will utilize ZK-proofs to cryptographically confirm a user’s identity. As of right now, the service is targeted toward Know-Your-Customer verification applications. However, the company has noted that potential future applications for the new tool include creating [decentralized credit scores](https://www.trendhunter.com/trends/credit-scoring-solution), player reputation profiles for Web3 games, and more. “Polygon ID is private by default, offers on-chain verification and permissionless attestation. There is nothing in the digital identity space now that ticks all these boxes,” said Mihailo Bjelic, Polygon's co-founder. Image Credit: Polygon ## Trend Insights (Trend Hunter) - Score: 2.6/10 - Popularity: 14% | Activity: 53% | Freshness: 11% - Audience gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Multimedia](https://www.trendhunter.com/multimedia) ## Key Themes ### Why This Trend Is Growing - **Zero-knowledge Identity Verification:** PolygonID utilizes zero-knowledge proofs to securely verify user identities on the blockchain, creating opportunities for development in decentralized identity verification solutions. - **Decentralized Credit Scoring:** PolygonID's potential application for decentralized credit scoring will increase accessibility to financial services in developing economies through trustless and secure verification systems. - **Web3 Reputation Scoring:** PolygonID's reputation scoring tool for Web3 games can create more trustworthy and secure in-game economies using blockchain-based identity verification. ### Industries Being Reshaped - **Cybersecurity:** PolygonID's blockchain-based identity verification creates opportunities for increased cybersecurity and more secure access control systems. - **Finance:** PolygonID's decentralized credit scoring tool can revolutionize traditional credit scoring methodologies and increase access to financial services particularly in emerging markets. - **Gaming:** PolygonID's identity verification reputation scoring tool can bring more trust and security to in-game economies while creating opportunities for game developers to monetize reputation scores. ## Related on Trend Hunter - [Simplified Verification Features](https://www.trendhunter.com/trends/plaid-1.md) - [Health-Focused Identification Platforms](https://www.trendhunter.com/trends/identification-platform.md) - [Extensive Online Verification Platforms](https://www.trendhunter.com/trends/sign-in-with-id.md) - [Identity Verification Platforms](https://www.trendhunter.com/trends/pruvly-ai.md) - [AI-Powered ID Verification Tools](https://www.trendhunter.com/trends/idpal.md) - [Digitized Age Verification Services](https://www.trendhunter.com/trends/age-verification-service.md) - [E-Signature ID Verification Tools](https://www.trendhunter.com/trends/annature.md) - [Conversion-Improving KYC Tools](https://www.trendhunter.com/trends/sumsub.md) - [Protective Privacy Protocols](https://www.trendhunter.com/trends/railgun-1.md)