Polygon Labs, the most important Layer-2 answer for Ethereum, continues to attach corporations. It was introduced that Wipro, an organization earlier backed by Shell, has launched an on-chain provide chain knowledge monitoring answer which is predicated on the Polygon community.
There are a variety of shortcomings in provide chain administration right this moment, together with inaccurate knowledge entry, incompatible software program techniques, and faux knowledge. With its answer, Polygon helps in bettering provide chain administration within the vitality sector. Wipro will develop a brand new decentralized utility often known as Falcon, which can present an end-to-end provide chain administration answer. Falcon is a complete platform that tracks provides from their supply, offering a tamper-proof and globally constant document of commercial tools knowledge.
Each bit of kit tracked utilizing Falcon will probably be assigned a digital passport, permitting customers to publicly observe its location and repair historical past. Transparency is predicted to deal with key inefficiencies in present processes, and the distributed ledger will present a seamless platform that may be trusted with the important knowledge.
Polygon beforehand partnered with Adidas, Stripe, and Adobe to launch customized decentralized purposes that provided new options to clients.