Barcelona digital identity platform Privado ID, formerly Polygon ID, today announced a merger with Disco, a pioneer in multichain verifiable data and reputation management.
Privado ID has successfully implemented proofs-of-concept (PoCs) with prominent multinational banking and financial service companies. This month, Privado ID partnered with Telefónica Tech — the technology wing of telecommunications firm Telefónica – to accelerate the adoption of privacy-centric digital identities across the EU.
The merger will accelerate the creation and adoption of a unified, chain-agnostic digital identity infrastructure that bridges both Web2 and Web3 ecosystems.
For the first time, Privado ID will expand across multiple chains, including Optimism, Arbitrum, Base, and other partners, leveraging Privado ID's existing partnerships and scalable infrastructure.
Additionally, the merged entity is in advanced conversations to bring their combined identity solutions to DeFi platforms, enterprise ecosystems, and governance structures, all of which will demonstrate the full power of unified identity.
The need for a Unified Identity layer
The early internet's architecture lacked a built-in identity layer — a gap that has become increasingly critical in the Web3 era.
A Unified Identity layer that emphasises privacy, user control, and interoperability, enables users to manage their identities and share verified data seamlessly across various platforms, interacting anywhere in the connected world and enjoying benefits based on their identity: proving age, location, or personhood, which allows for perpetual verifiability across any single app, service, chain, or space.
For protocols and businesses, Unified Identity enables the automatic delivery of benefits and opportunities to the proper parties across the connected world. Privado ID is developing this technology to scale capabilities like proof of humanity, reputation-based access control, risk management, and incentive management across all chains and connected systems.
Disco founder Evin McMullen, a former project lead at blockchain software technology company Consensys, joins Privado ID as a co-founder and chief strategy officer.
According to McMullen:
"Disco started with a vision for seamless personalisation across the connected world, where your identity unlocks access and opportunity with ease.
The Privado ID cofounders and team have redefined citizenship of the new internet with identity tools deeply rooted in a strong ethos.
At Disco, our work has always centered on scaling trust with neutrality, and by joining forces, we’re advancing our shared mission to make the connected world more personal, efficient, secure, and delightful."
The merger enhances cross-chain compatibility by leveraging Disco's expertise in decentralised identity and verifiable data technologies, including Decentralised Identifiers (DIDs) and Verifiable Credentials (VCs), to expand Privado ID's services across multiple EVM-compatible chains.
Disco has pioneered user-friendly interactions with verifiable data and onchain identity like the “Data Backpack” — a concept that advances Privado ID's goal of providing users control over their credentials across all digital platforms.
It serves as a virtual repository where users can consolidate their online presence, creating a comprehensive, user-centric identity solution.
According to Antoni Martin, co-founder and COO of Privado ID:
“By joining forces with Disco, we're unifying our vision for a decentralised identity framework that can operate seamlessly across multiple chains and platforms while providing developers with the tools they need to build more secure, efficient, and personalized applications.
This will drive the next wave of innovation in digital identity."
Lead image: Freepik.
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