Privado ID DAO Tool Report For 2025

What Is Privado ID

Privado ID offers privacy-first digital identity verification powered by zero-knowledge cryptography. The platform enables users to prove their identity without revealing personal data. Organizations like Deutsche Bank, HSBC, and Sony Bank tested this technology in proof-of-concept trials throughout 2024 and early 2025.

Founded in 2023 by Antoni Martin and Evin McMullen, Privado ID operates from Zug, Switzerland. The project evolved from Polygon ID after separating from Polygon Labs in June 2024. This separation allowed Privado ID to serve multiple blockchain ecosystems beyond Polygon's network.

The platform uses the iden3 protocol and Circom, a zero-knowledge proof library. Circom powers over 9,000 projects including Worldcoin, TikTok, and Galxe, reaching more than 150 million combined users. Privado ID builds on this foundation to create self-sovereign identity solutions.

In February 2025, Privado ID launched Billions Network, a mobile-first verification system for humans and AI agents. This network attracted over 900,000 verified users by mid-2025. Users verify their identity using just a passport and smartphone, without invasive biometric scans.

What Changed In 2025

Billions Network Launch

February 2025 brought the most important update: Billions Network. This proof-of-personhood platform competes with Worldcoin and Civic. Unlike competitors, Billions avoids iris scans and proprietary hardware. Users verify identity through NFC-enabled passport scans and liveness detection.

The network secured $30 million in funding from Polychain Capital, Coinbase Ventures, Polygon Ventures, LCV, and Bitkraft Ventures. This capital supports global expansion and technical development. The funding round valued the project's approach to privacy-first verification.

European Blockchain Sandbox Selection

April 2025 saw Privado ID selected for the European Blockchain Sandbox's third cohort. The project focuses on age verification using self-sovereign identity technology. This recognition came from the European Commission's blockchain initiative, running from 2023 to 2026.

Privado ID partnered with Privately for this age assurance solution. The tool uses zero-knowledge proofs and on-device AI for age estimation. Personal data never leaves the user's device, addressing GDPR compliance concerns across EU member states.

Mobile App Release

June 2025 marked the Billions mobile app launch for iOS and Android. The app includes NFC document scanning, biometric liveness checks, and cryptographic proof generation. Users earn "Power" points for completing verifications and referring others. These points convert to tokens in planned airdrops.

IDO and Tokenomics

August 2025 brought the Billions Network initial DEX offering on Kaito Launchpad. The public sale aimed to raise $5 million. Token distribution plans reward early adopters through Power point accumulation. Similar projects like Sui distributed over $100 million to early users.

Privado ID Market Position In 2025

Privado ID User Growth Across Platforms

Data: Privado ID announcements, Biometric Update, CoinLaunch

The decentralized identity market experienced rapid expansion in 2025. Privado ID positioned itself differently than mainstream competitors. Worldcoin reached 7 million verified users by October 2024 using iris scanning technology. Privado ID's Billions Network achieved 900,000 users within months of launch using mobile-first verification.

Market analysts value decentralized identity solutions at growing rates. Worldcoin's market cap dropped from $11.72 billion in March 2024 to approximately $1.2 billion by May 2025, showing market volatility. Privado ID chose strategic funding over rapid tokenization, securing institutional backing from banks and consulting firms.

Privado ID Compared To Competitors In Identity Verification

Data: Company announcements, Biometric Update, CoinWorldStory

Worldcoin faces regulatory scrutiny in multiple jurisdictions over biometric data collection. Brazil's data protection authority limited iris scanning operations in 2025. Spain and Kenya also raised privacy concerns. Privado ID's non-biometric approach avoids these regulatory challenges while maintaining security through cryptographic methods.

Civic targets business compliance rather than consumer adoption. The platform partners with financial institutions for KYC verification services. Privado ID serves both enterprises and individual users. This dual approach allows Privado ID to compete in different market segments.

Privado ID Funding And Institutional Support Comparison

Data: Tracxn, CanvasBusinessModel, CryptoRank

How Privado ID Technology Works

Core Components

Privado ID operates through four main elements. First, the Issuer Node creates verifiable credentials. Trusted organizations like governments, universities, or KYC providers issue these credentials. The system follows W3C standards for credential formatting.

Second, identity wallets store credentials securely. The Wallet SDK enables mobile and web wallet development. Users request, collect, and manage credentials through these wallets. Private keys remain on user devices, never reaching centralized servers.

Third, Verifiers request proof of credentials. Applications ask questions like "Are you over 18?" or "Are you a unique human?" The wallet generates zero-knowledge proofs answering these questions without revealing underlying data.

Fourth, smart contracts verify on-chain credentials. The Verifier SDK handles both off-chain and on-chain verification. This allows DAOs and decentralized applications to gate access based on verifiable credentials while maintaining user privacy.

Zero-Knowledge Proof Implementation

Circom powers the zero-knowledge proof generation. This library became the de facto standard for ZK programming. Over 9,000 projects use Circom, including major platforms like TikTok and Worldcoin itself. The technology proves statements without revealing the underlying information.

For example, proving age over 18 doesn't require sharing birth date. The proof confirms the requirement is met without exposing personal data. This selective disclosure protects user privacy while satisfying verifier requirements.

Privado ID Real-World Applications

Privado ID Adoption Across Industry Sectors

Data: Privado ID blog, partnership announcements

Financial Services

Banks test reusable KYC solutions built on Privado ID. HSBC prototyped decentralized identity for internal account opening. When customers open accounts, HSBC conducts KYC once. The resulting verified credential works across multiple services: logging in, making purchases, applying for loans, or trading carbon credits.

Deutsche Bank explored corporate and individual identity solutions. The proof-of-concept showed how banks leverage Web3 tools while maintaining regulatory compliance. This approach reduces customer friction and operational costs.

Sony Bank participated in identity discussions alongside Citi and other major financial institutions. These banks examine blockchain's potential for making private market assets more accessible to retail investors. Selective disclosure with ZK technology maintains privacy during credential validation.

Age Verification

Privately partnered with Privado ID for privacy-first age checking. The solution serves platforms with age-restricted content: gaming, alcohol sales, adult content. Proof of age generates through identity wallets using on-device AI technology for age estimation.

Personal data never leaves the device during verification. This addresses regulatory requirements across jurisdictions while respecting user privacy. The approach aligns with European Digital Identity Framework goals.

DAO Governance

Decentralized autonomous organizations use Privado ID for better governance tools. Sybil resistance prevents bot manipulation of voting systems. Proof of uniqueness ensures one person equals one vote. This protects DAO communities from coordinated attacks.

Airdrop distribution becomes fairer with identity verification. Projects can confirm recipients are unique humans rather than multiple wallets controlled by one person. This reduces farming and ensures genuine community participation.

AI Agent Verification

Billions Network extends identity verification to AI agents. As autonomous agents handle trading, governance, and supply chain management, verifiable identities become needed. Know Your Agent (KYA) makes it safer for AI agents to work in open markets.

AI agents can cryptographically prove their training models and data sources. This transparency builds trust in AI interactions. The Indian Government works with Billions on identity verification for the Aadhaar digital ID system, optimizing it for AI-based systems.

Privado ID Strategic Partnerships

Privado ID Partnership Network Growth

Data: Privado ID announcements, Biometric Update

KPMG acts as a system integrator for Privado ID solutions. The consulting firm implements decentralized identity projects for enterprise clients. Mastercard also joined as a system integrator, bringing financial services expertise.

Settlemint provides blockchain platform integration support. Telefónica Tech brings telecommunications infrastructure knowledge. These partnerships show how established corporations back decentralized identity technology.

Transak integrated Privado ID for identity verification during crypto purchases. Verax serves as an attestation registry on the Linea blockchain. Synaps and Passport XYZ contribute to the broader identity ecosystem.

The Government of India works with Billions on Aadhaar system improvements. This represents one of the largest national identity systems globally. The collaboration aims to make Aadhaar secure, universally accessible, and optimized for AI integration.

Privado ID Technical Specifications

Data: Privado ID documentation, GitHub

The multi-chain protocol launched October 2024 enables cross-chain identity verification. Users verify once and reuse credentials across any EVM-compatible blockchain. Supported networks include Ethereum, Polygon, Linea, and others. More ecosystems integrate as demand grows.

Device agnostic design allows identity management across smartphones, tablets, and computers. The upgraded Privado ID Web Wallet works without downloads or installations. Users access credentials through a web authenticator from any device.

Mobile apps for iOS and Android launched mid-2025. Version 1.2.8 added manual credential claiming from proof request screens. The apps require iOS 15.5 or later with A12 Bionic chip. Android versions work on devices supporting NFC technology.

Privado ID Security And Privacy

No Known Security Breaches

Privado ID maintained a clean security record through 2025. No data breaches or security incidents were reported. This contrasts with many identity providers facing attacks. The decentralized architecture reduces single points of failure.

ZKID Labs AG, the developer company, does not collect user data according to App Store listings. Privacy practices focus on zero-knowledge proofs where verification happens without data transfer. Personal information stays on user devices.

Privacy Architecture

Zero-knowledge proofs provide cryptographic privacy guarantees. Users prove attributes without revealing underlying data. For example, proving citizenship doesn't expose passport numbers. Proving age doesn't share birth dates.

Pairwise DIDs prevent cross-application tracking. Each service receives a unique identifier rather than one reusable across platforms. This prevents identity providers from building comprehensive user profiles across multiple services.

On-device verification keeps sensitive data local. Biometric liveness checks and document scans process on smartphones. Only cryptographic proofs leave the device. Central servers never access raw personal information.

Blockchain Security

Public key infrastructure and blockchain provide tamper resistance. Credentials signed cryptographically cannot be forged or altered. Any attempted modification becomes detectable through cryptographic verification.

Smart contract verification enables on-chain attestations. These attestations live on public blockchains, providing transparency while maintaining user privacy. Anyone can verify credential authenticity without accessing personal data.

Privado ID Strengths And Weaknesses

Advantages

Strong institutional backing provides credibility. Deutsche Bank, HSBC, and KPMG partnerships show enterprise trust. These organizations completed proof-of-concepts demonstrating technical viability at scale.

Non-biometric verification avoids regulatory issues. Worldcoin faces restrictions in Brazil, Spain, and Kenya over iris scanning. Privado ID's passport-based approach complies with existing regulations while maintaining security.

Open source code enables community review. MIT and Apache licenses allow developers to audit and contribute. This transparency builds trust compared to proprietary closed systems.

Multi-chain support reduces vendor lock-in. Users aren't tied to single blockchain ecosystems. Credentials work across any EVM-compatible network, providing flexibility as the Web3 space evolves.

Cost reduction through reusable credentials benefits users and businesses. Completing KYC once eliminates repeated verification processes. Financial institutions save on compliance costs while improving customer experience.

Limitations

Passport requirement limits accessibility. Not all potential users have government-issued passports. This creates barriers in developing regions where passport ownership remains low.

Technical complexity may deter average users. Understanding zero-knowledge proofs, verifiable credentials, and decentralized identifiers requires education. User experience needs continued simplification.

No funding raised independently as Privado ID. The project operates unfunded according to Tracxn data. Billions Network secured $30 million, but Privado ID itself relies on partnership revenue.

Smaller user base than competitors. Worldcoin's 7 million users exceeds Billions Network's 900,000. Market presence remains limited compared to established players.

Token economics remain unclear. August 2025 IDO plans exist, but detailed tokenomics weren't disclosed. Distribution mechanisms and utility functions need clarification for potential holders.

Frequently Asked Questions About Privado ID

What makes Privado ID different from Worldcoin?

Privado ID uses zero-knowledge proofs with government documents instead of biometric iris scanning. This provides global accessibility without specialized hardware requirements or invasive data collection. Users verify with smartphones and passports rather than visiting Orb locations.

How does the verification process work?

Users scan their passport or government ID using the mobile app's NFC technology. The app generates cryptographic proofs of authenticity without storing personal data on centralized servers. Liveness detection prevents fraud using document scans.

Is Privado ID actually decentralized?

Yes, the architecture follows decentralized principles. Private keys stay on user devices. Verification happens through cryptographic proofs rather than central databases. The system uses permissionless blockchains for credential attestation.

Which blockchains support Privado ID?

All EVM-compatible chains work with Privado ID. This includes Ethereum, Polygon, Linea, and others. The October 2024 multi-chain protocol enables cross-chain credential verification without network-specific implementations.

Can I use Privado ID without cryptocurrency?

Yes, Privado ID serves both Web2 and Web3 applications. Traditional services can integrate the technology for identity verification. Users don't need crypto wallets for basic identity features, though blockchain-based verification offers additional benefits.

What are Power points in Billions Network?

Power points are rewards earned through platform verification, friend referrals, and engagement activities. These points convert to tokens in planned airdrops. Similar projects distributed over $100 million to early participants.

Does Privado ID collect my personal data?

No, according to App Store listings. The platform uses zero-knowledge proofs where verification happens without data transfer. Personal information remains on your device. Only cryptographic proofs confirming requirements are shared.

How secure is Privado ID?

No security breaches were reported through 2025. The decentralized architecture reduces attack surfaces. Cryptographic proofs provide tamper resistance. Major financial institutions tested and approved the technology through proof-of-concepts.

What happened to Polygon ID?

Polygon ID rebranded to Privado ID in June 2024. The project separated from Polygon Labs to serve multiple blockchain ecosystems. The underlying technology remained the same while expanding beyond Polygon's network.

Can DAOs use Privado ID?

Yes, DAOs integrate Privado ID for governance improvements. The technology prevents Sybil attacks and ensures one-person-one-vote systems. Proof of uniqueness protects against bot manipulation and coordinated attacks on voting mechanisms.

Sources

Privado ID official website

Billions Network official website and documentation

Biometric Update - Privado ID coverage and analysis

Tracxn - Privado ID company profile

CryptoNews - Partnership announcements and product launches

CoinLaunch - Billions Network project analysis

Kaleido - Technical implementation documentation

CanvasBusinessModel - Competitive landscape analysis

CoinWorldStory - Blockchain identity wallet comparisons

CryptoRank - Market data and funding information