Polygon Partners With Infosys To Develop M-Setu

Published on: 09.04.2021

Polygon (Formerly Matic) is making great developments in its bid to be the leading project in the DLT( distributed ledger technology) implementation.

Latest development includes a partnership with software development service provider Infosys to launch M-Setu, an opensource bridge for integrating Ethereum in the business’ process.

The first application that will utilize M-Setu is InsureChain, a solution the to facilitate easy porting of insurance policy from different insurance providers.

Future use cases for M-Setu includes KYC/AML processes, fraud mitigation as well as peer-to-peer (P2P) insurance on the blockchain which will be available in the coming weeks.

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.

#SmartCrypto

Market Stats:
BTC Dominance: 58.48%(+0.29%/24h)
ETH Dominance: 10.77%(+0.16%/24h)
Defi Market Cap: $0B(+51.90%/24h)
Total Market Cap: $2436.87B(+2.96%/24h)
Total Trading Volume 24h: $115.48B(+67.79%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1011.71B
Altcoin Volume 24h: $67.38B
Total Cryptocurrencies: 37320
Active Cryptocurrencies: 8554
Active Market Pairs: 116571
Active Exchanges: 931
Total Exchanges: 11956
BTC: 71193.41$(-0.68%/1H)
ETH: 2172.45$(-0.57%/1H)
AVAX: 9.64$(-0.73%/1H)
BNB: 644.94$(-0.4%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.27$(0.33%/1H)
DOT: 1.46$(-0.87%/1H)
UNI: 3.6$(-0.21%/1H)
CAKE: 1.42$(-0.19%/1H)
SUSHI: 0.2$(0.09%/1H)
ONE: 0$(0.24%/1H)