The Solana Foundation launched the Solana Atestation Service (SAS). It is a decentralized identity verification protocol designed to simplify conformity and improve confidence through the network.
Announced on May 23, the tool allows applications to validate the data out of chain, such as knowing your customer checks (KYC) and user accreditation. It does it without directly managing sensitive user information.
Solana launches an identity layer in an increase in the interest of global cryptography
The Solana Foundation said that SAS introduces reusable cryptographically signed identification information that trust parts can emit. Once checked, users can interact transparently with several platforms without repeating the integration or verification steps.
“SAS allows conformity, access control, reputation systems and programmable identity through the Solana ecosystem. It is a better and easier experience for end users and manufacturers,” said Solana Foundation.
This design removes the need for developers to maintain identity backends, which considerably reduces the barrier to integrate compliance features.
According to the foundation, SAS supports a wide range of use cases. These include DEFI compliance, access control in blockchain games, resistance to Sybil in DAOs and localization-based verification for connected devices.
Manufacturers can use the tool to apply restrictions based on the region, establish a unique character and create programmable reputation systems.
SAS marks the first version of the new Solana identity group, a coalition of contributors, including Civic, Solana.id, Solid, Trusta Labs and the Foundation itself. The group aims to develop primitives of identity preserving confidentiality adapted to the web3 era.
Meanwhile, the launch comes in the middle of the growing interest of traditional finance in Solana’s infrastructure. Nzube Ezido, Country chief for Solana Superteam NG, described SAS as a critical element of the network -evolving financial battery.
“This could be one of the most important primitives launched for a very long time. While we quickly accelerate the narrative of the capital market, the oracles that keep RWA in synchronization will need this to offer confidence to the chain in the outdoor state,” said Ezido.
In recent months, several traditional financial institutions have explored the potential of the tokenization of network assets because of its speed, scalability and low costs.
This is highlighted by the fact that R3 – a blockchain infrastructure provider with more than $ 10 billion in assets on its Corda platform – was in partnership with Solana. Collaboration aims to integrate customers such as HSBC and other large financial institutions to take advantage of network features.
At the same time, Kraken, a great American exchange, announced his intention to use Solana’s infrastructure to allow international trade in listed actions in the United States.
Market observers have said that these collaborations reflect Solana’s growing role in filling the real world finances and blockchain infrastructure.
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