Polygon’s widespread adoption throughout varied sectors continues to achieve momentum.
Daimler South East Asia, a part of the Mercedes Benz Group, has leveraged Ethereum Layer-2 scaling resolution Polygon to launch a blockchain-based knowledge sharing platform.
The platform dubbed Acentrik will allow enterprises to purchase and promote knowledge. Though Acentrik was launched by a Mercedes-Benz affiliate, the blockchain platform can be utilized to commerce completely different knowledge starting from insurance coverage data to scientific trials, amongst others.
In contrast to most platforms with related initiatives, Acentrik’s knowledge usually are not saved on the blockchain. In keeping with the Ledger Perception report, a non-fungible token (NFT) is used to symbolize every dataset, with a metadata hash saved with it.
Polygon’s Use within the Initiative
Shopping for and promoting of the information will probably be carried out on Polygon and Ethereum Rinkeby take a look at community, the report provides. As a part of efforts to guard the financial worth of the information, enterprises are anticipated to make funds for the information utilizing stablecoins.
Nonetheless, since transactions are carried out on Polygon, customers will probably be required to pay fuel charges utilizing the community’s native cryptocurrency, MATIC.
As soon as the transaction is full, the client can entry the underlying knowledge saved on AWS 53 or IPFS.
In the meantime, Sandeep Nailwal, the co-founder of Polygon, took to Twitter to have a good time the feat, saying:
“Mercedes Benz is the most recent model to be Powered By Polygon Onwards!”
Mercedes Benz @MercedesBenz is the most recent model to be #PoweredByPolygon
Onwards!https://t.co/41kXlEYavs
— Sandeep | Polygon 💜🔝3️⃣ (@sandeepnailwal) July 27, 2022
The initiative additional showcases the widespread adoption of the Polygon community by high manufacturers. Polygon continues to showcase its potential as one of many high blockchain platforms enterprises can depend on.
Knowledge Sharing Significance
There’s a want for knowledge sharing throughout varied industries, together with tech. Machine studying and Synthetic Intelligence require quite a lot of knowledge to perform successfully. Some enterprises have sufficient knowledge at their disposal, which took them years to collect, whereas others usually are not fortunate sufficient to start out early.
Thankfully, enterprises that aren’t privileged to start out early can benefit from the information sharing initiative.
Trent McConaghy, the co-founder of Ocean Protocol, disclosed in an interview that Google’s self-driving automobile initiative Waymo is forward of different enterprises just because it has been engaged on the answer for years.
MATIC Soars Over 10% in 24 Hours
In the meantime, MATIC, the native cryptocurrency of Polygon, is up over 10% within the final 24 hours after a fast market rebound, in keeping with knowledge from Coingecko.
At press time, MATIC was buying and selling at $0.88 throughout main cryptocurrency exchanges, together with Binance and Coinbase.