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Privado ID and Disco.xyz Announce Merger to Launch Unified Identity Across Blockchains and Legacy Systems
Summary:
The merger between Privado ID and Disco.xyz will unify established connections across multiple blockchain ecosystems to expand Privado ID’s identity solutions, creating a comprehensive Unified Identity Infrastructure capable of bridging identities across Web2 and Web3
Privado ID today announces a merger with Disco, a pioneer in multichain verifiable data and reputation management. 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.
Unified Identity to Bring the World Onchain
The early internet's architecture lacked a built-in identity layer, a gap that has become increasingly critical in the Web3 era. Privado ID is building the technical roadmap to bring the world onchain.
By establishing a Unified Identity layer that emphasizes privacy, user control, and interoperability, it’s possible to lower the cost of trust across industries and revolutionize how individuals and organizations interact in connected spaces:
- For users, this means they will be able 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.
- 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.
Privado ID and Disco Team Up to Tackle Fragmented Identity
Disco founder Evin McMullen, a former project lead at Consensys, joins Privado ID as a cofounder and chief strategy officer. In this new role, McMullen willaddress fragmented identity across onchain and legacy systems to accelerate the development of the Unified Identity Protocol.
"Disco started with a vision for seamless personalization across the connected world, where your identity unlocks access and opportunity with ease,” said Evin McMullen, founder and CEO of Disco. “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 decentralized identity and verifiable data technologies, including Decentralized 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 seamlessly, creating a comprehensive, user-centric identity solution.
“By joining forces with Disco, we're unifying our vision for a decentralized 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”.
Antoni Martin. Cofounder & COO at Privado ID.
Privado ID’s latest release moves closer toward this vision, enabling onchain verification across multiple protocols. The Unified Identity roadmap outlines a path toward easy verification of identity data on any blockchain or connected ecosystem. The upcoming protocol will leverage zero-knowledge proofs to guarantee both the integrity and security of identity data, including KYC, proof of age, and proof of humanity, without the limitations of traditional cross-chain bridging, messaging, or closed identity systems with single reputation providers.
Privado ID has already implemented successful proofs-of-concept (PoCs) with prominent multinational banks and financial companies. This month, Privado ID partnered with Telefónica Tech—the tech arm of telecommunications unicorn Telefónica, —to promote the adoption of privacy-centric digital identities across the EU. These collaborations highlight Privado ID’s ability to deliver secure and seamless digital identity solutions across different industries, further solidifying its leadership in the digital identity space.
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