Solana's (SOL) Weekend Release: They Announced a New Feature!

Solana (SOL), announced its new service Solana Attestation Service (SAS), which aims to revolutionize the digital identity authentication field.

This service developed in collaboration with the Solana Foundation and the Solana Identity Group has been launched on the Solana mainnet. SAS stands out as an open, permissionless protocol aimed at creating a layer of trust for capital markets on the internet.

With the new system, off-chain (data can be associated with any Solana wallet. Thus, KYC )know your customer, authentication, investor certification, or information such as on-chain reputation can be verified while protecting user privacy. All these processes are carried out using signed and reusable identity documents, and this data can be securely used across different applications without being exposed on-chain.

In a statement shared on Solana's official website, it was stated that SAS enables applications to verify information such as compliance status, uniqueness, or legal jurisdiction in a scalable and seamless manner during this period of growth in internet capital markets.

According to what is claimed on the official website, the main advantages offered by the Solana Attestation Service include the following:

Portable identity information: Users can reuse this information, which they have integrated into their wallets, across different applications.

Neutral and open infrastructure: Developers, users, and identity providers can integrate SAS without needing central authorities.

Programmable security layer: Applications can perform secure authentication with a single call using the SAS SDK; they do not have to set up their own back-end systems.

Privacy-focused design: By default, SAS, which is based on privacy, prevents the disclosure of sensitive data.