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: 58.25%(-0.07%/24h)
ETH Dominance: 10.72%(-0.16%/24h)
Defi Market Cap: $0B(-4.92%/24h)
Total Market Cap: $2413.32B(-1.20%/24h)
Total Trading Volume 24h: $106.19B(-3.73%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1007.58B
Altcoin Volume 24h: $61.26B
Total Cryptocurrencies: 37245
Active Cryptocurrencies: 8582
Active Market Pairs: 116235
Active Exchanges: 929
Total Exchanges: 11936
BTC: 70290.04$(-0.2%/1H)
ETH: 2142.69$(-0.43%/1H)
AVAX: 9.54$(-0.06%/1H)
BNB: 641.7$(-0%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.27$(-0.24%/1H)
DOT: 1.54$(0.34%/1H)
UNI: 3.6$(0.03%/1H)
CAKE: 1.42$(-0.06%/1H)
SUSHI: 0.2$(0.36%/1H)
ONE: 0$(-0.32%/1H)