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Blockchain
Sandeep Nailwal debunked some of the poisonous narratives of adamant blockchain sceptics: the Web3 revolution is not designed to unravel “new” issues solely.
No “imaginary” use instances for blockchains: Sandeep Nailwal
Immediately, Oct. 15, 2022, the Polygon (MATIC) founder took to Twitter to share his views on the way in which blockchain methods ought to deal with monetary, social and different issues.
Criticism of blockchains : “Imaginary use instances”
Ans: Blockchains are (principally) NOT fixing any new issues, they enhance how we have now solved these issues beforehand. Cash, finance, belongings et al aren’t new issues being solved, they’re simply being solved higher
— Sandeep | Polygon
(@sandeepnailwal) October 15, 2022
In line with him, the use instances chosen by blockchain groups shouldn’t be criticized as “imaginary” ones by audio system within the business.
Blockchains — no less than, the overwhelming majority of them — are targeted on bettering the methods current technical mechanisms deal with “previous” challenges inside and out of doors fintech.
That’s the reason “inventing” new use instances for blockchain-based instruments is mindless when it comes to international blockchain adoption and fixing main world issues.
Earlier this week, it was introduced that Polygon (MATIC) is now used as a technical platform for police studies within the Firozabad district (Uttar Pradesh, India)
Polygon (MATIC) zkEVM began dApp onboarding
Utilizing Polygon (MATIC) for accepting and processing police complaints will make the legislation enforcement mechanisms extra clear and immutable.
In August 2022, Polygon (MATIC) made headlines with its newest improvement, zkEVM. As reported by U.Immediately, this platform unlocks beforehand unseen alternatives for ZKP-based protocols.
Ranging from Oct. 14, 2022, main Polygon-based decentralized cryptocurrency change (DEX) QuickSwap is stress testing Polygon’s zkEVM on public testnet.
