Solana (SOL) has announced its new service, Solana Attestation Service (SAS), which aims to revolutionize digital identity verification.
Developed in collaboration with the Solana Foundation and Solana Identity Group, the service is available on the Solana mainnet. SAS is an open, permissionless protocol that aims to create the internet’s trust layer for capital markets.
The new system allows off-chain data to be linked to any Solana wallet, allowing verification of information such as KYC (know your customer), identity verification, investor certification or on-chain reputation, while preserving user privacy. All of these processes are performed using signed and reusable identity documents, which can be used securely in different applications without being exposed on-chain.
In a statement shared on Solana's official website, it was stated that SAS's applications enable users to verify information such as compliance status, uniqueness or legal jurisdiction in a scalable and seamless manner during this period when internet capital markets are growing.
According to what is claimed on the official website, the main advantages offered by Solana Attestation Service are:
Portable credentials: Users can reuse the credentials they integrate into their wallets in different applications.
Neutral and open infrastructure: Developers, users and identity providers can integrate SAS without the need for central authorities.
Programmable trust layer: Applications can perform secure authentication with just a single call using the SAS SDK, without having to set up their own back-end systems.
Privacy-focused design: Privacy-first by default, SAS prevents sensitive data from being exposed.
*This is not investment advice.
