Cogni Launches New Web3 Passport For Polygon Network
Cogni, a digital banking platform that provides web3 services and products, announced its latest product release - a web3 passport for the Polygon network. The passport, which is a soul-bound NFT that cannot be transferred out of a wallet, carries encrypted personal information from each user and allows them to quickly pass through KYC requirements held on web3 platforms.
This is intended to streamline the process of onboarding users who are reluctant to hand over private information in an industry rife with scams. However, with regulations fast approaching in the United States, Cogni believes that their web3 passport will allow users to keep their information safe while also allowing them to provide verifiable web3 documentation when necessary to interact with Dapps on the Polygon network.
