The Philippine government has officially rolled out a blockchain-powered document notarization system on the Polygon network — coincidentally on the same day the blockchain experienced a temporary service disruption. Maria Francesca Montes Del Rosario, Undersecretary at the Department of Budget and Management (DBM), confirmed the launch in a Facebook post ...
NRW.BANK, a German state-owned development bank, has issued a €100 million ($116.7 million) bond on the Polygon blockchain, marking a significant milestone in the public sector's adoption of digital securities. This bond, with a two-year maturity, was issued under Germany’s Electronic Securities Act (eWpG), which legally enables the issuance and ...
Polygon is collaborating with Reliance Jio to integrate blockchain technology into web services, aiming to address real-world challenges for over 450 million users. This partnership balances speed, scalability, and affordability without compromising decentralization. Speaking to Cointelegraph, Sandeep Nailwal, Polygon's co-founder, emphasized the importance of preserving the core values of blockchain ...
Xalts, a financial technology firm, has announced the launch of its real-world asset tokenization platform, RWA Cloud, on the Polygon blockchain. In a press release published today, October 8, Xalts described RWA Cloud as a comprehensive solution designed to address common challenges in blockchain implementation, including managing complex rules, workflows, ...
Marc Boiron, CEO of Polygon, an Ethereum Layer 2 scaling solution, has voiced skepticism about the current push to develop Layer 3 (L3) applications, a new kind of Ethereum scaling solution. In a social media post published on May 9, 2024, Boiron cited concerns that these L3 networks may heighten ...
Polygon Labs will lay off 19% of its staff, CEO Marc Boiron announced in a public post on the company website on February 1, 2024. In the post, Boiron made it clear that the layoffs are not a reflection of the company's financial situation but rather a strategic decision to ...
Polygon has stirred excitement in the cryptocurrency community with the official introduction of its new native token, POL, on October 25, 2023. As Polygon Labs previously revealed, this new token would gradually replace MATIC, the current native token. While MATIC has played a significant role, POL is expected to introduce ...
In stark contrast to the broader cryptocurrency market, which is currently in a downturn, Polygon (MATIC) has witnessed a price surge. What's even more remarkable is that this positive momentum has been maintained in the past week. As of October 3, MATIC was trading at $0.5748, reflecting a 4% increase ...
Polygon Labs has entered into a strategic partnership with South Korea's telecommunications giant, SK Telecom (SKT), to foster the growth of the web3 ecosystem and nurture promising web3 startups. .@SKtelecom and Polygon Labs have inked a strategic collaboration to spearhead the development of SKT's Web3 ecosystem. ???? The collaboration aims ...
Clearpool has taken a significant step towards becoming a multichain protocol with faster transactions by integrating Polygon zkEVM, a zero-knowledge scaling solution, into its platform. The newly implemented integration allows Clearpool to efficiently segment yields and risks, catering to a diverse range of users with the provision of two distinct ...
