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: 58.49%(-0.57%/24h)
ETH Dominance: 11.43%(+0.06%/24h)
Defi Market Cap: $0B(+2.09%/24h)
Total Market Cap: $2864.97B(-0.05%/24h)
Total Trading Volume 24h: $107.44B(-7.53%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1189.31B
Altcoin Volume 24h: $69.91B
Total Cryptocurrencies: 39744
Active Cryptocurrencies: 8164
Active Market Pairs: 114152
Active Exchanges: 978
Total Exchanges: 12976
BTC: 83444.51$(-1.18%/1H)
ETH: 2685.22$(-1.16%/1H)
AVAX: 10.24$(-3.17%/1H)
BNB: 770.15$(-1%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.25$(-2.18%/1H)
DOT: 1.17$(-2.16%/1H)
UNI: 9.52$(-3.61%/1H)
CAKE: 2.75$(-1.72%/1H)
SUSHI: 0.26$(-2.53%/1H)
ONE: 0.15$(-1.8%/1H)