Polytrade proudly announces its partnership with Polygon. Polygon is a protocol that allows Ethereum-compatible blockchain networks to communicate with one another. It is, without a doubt, one of the most successful blockchain projects ever. This integration is essential for anybody interested in launching and developing real-world apps on the Polygon Network.
Polygon x Polytrade
Polytrade will connect with Polygon to expand its network and use intrinsic security, greater openness, and power while maintaining Ethereum’s basic values. Sandeep Nailwal, Polygon’s co-founder, joins Polytrade as a strategic adviser and investor. Due to the project aligning with Polygon’s goal of supporting initiatives that directly influence the real world. Moreover, in this instance, trade finance and liquidity provision to small and medium-sized businesses.
Polytrade CEO Piyush Gupta says:
“We’re excited to have Polygon and Sandeep on board; this partnership will help us grow our operations and visibility considerably. As a market leader, we are certain that Polygon’s collaboration will guide us on the correct path and help us accomplish our goal with more impact.”
He further adds:
“Being developed on Polygon is a testament to Sandeep’s vision and leadership, as well as a result of the resonance between Polytrade’s objective in the Trade Finance area and Sandeep’s purpose of blockchain bringing meaning to the real world.”
What is Polygon?
Polygon, also known as Ethereum’s Internet for Blockchains, is the first well-structured and user-friendly platform for Ethereum scaling and infrastructure development. It’s a platform and framework for creating and connecting Ethereum-compatible blockchain networks. Polygon SDK is its main component, a modular, versatile platform for creating and linking Secured Chains. Examples, such as Optimistic Rollups, zkRollups, Validium, and others, and Standalone Chains such as Polygon POS.
What is Polytrade?
Polytrade is a blockchain-based decentralised system that aims to revolutionise receivables finance by seamlessly linking buyers, sellers, insurance, and investors. It introduces real-world assets to the crypto realm that are secure and insured.