The Billions initiative marks a significant shift in how identity solutions operate within the Miden ecosystem—finally offering a meaningful middle ground between complete transparency and full anonymity. Rather than forcing users into extreme choices, this collaboration delivers a genuinely different approach.

What makes this noteworthy: Billions isn't just another identity vendor. It represents the natural progression of established frameworks like Polygon ID and Privado ID, now backed by substantial funding ($30M) and positioned as a standalone network. This infrastructure evolution enables developers and users to implement privacy-preserving identity verification without sacrificing essential compliance or security measures. The move signals growing maturity in how Web3 projects are tackling the identity trilemma.