Jasz
VIP Contributor
Enterprise Ethereum platform Kaleido is collaborating with the well-known scaling service Polygon, bringing the long-awaited convergence between public and private blockchains one step closer.
Polygon Edge, which was unveiled on Thursday at Ethereum's annual community conference, EthCC, in Paris, provides companies with an approachable, cloud-based system connected to the Ethereum mainnet. Depending on the transaction requirements, Polygon Edge gives businesses a choice of high to zero gas price options.
Blue-chip corporations have always looked to develop private blockchains in order to maintain control over their data and adhere to current legislation. However, because of increased interest in Web3, decentralized finance (DeFi), and non-fungible tokens, these businesses are increasingly lured to the transparency of public networks (NFTs). For years, we have been stating that the enterprise blockchain section that emerged in 2015 would combine with these open ecosystems, according to Steve Cerveny, the founder of Kaleido. Enterprise NFTs that make references to real-world objects, digital twins, and other forms of utility are currently being developed and will be used starting in 2022.
To make Ethereum, with its congestion and high gas prices, quick and economical, Polygon is creating a wide range of innovative overlay and side channel technologies. Cerveny refers to this additional scaling layer as "app-chains," nevertheless. According to him, this is a certain type of application-specific blockchain that offers more options right out of the gate for naturally connecting Ethereum.
Polygon Edge, which was unveiled on Thursday at Ethereum's annual community conference, EthCC, in Paris, provides companies with an approachable, cloud-based system connected to the Ethereum mainnet. Depending on the transaction requirements, Polygon Edge gives businesses a choice of high to zero gas price options.
Blue-chip corporations have always looked to develop private blockchains in order to maintain control over their data and adhere to current legislation. However, because of increased interest in Web3, decentralized finance (DeFi), and non-fungible tokens, these businesses are increasingly lured to the transparency of public networks (NFTs). For years, we have been stating that the enterprise blockchain section that emerged in 2015 would combine with these open ecosystems, according to Steve Cerveny, the founder of Kaleido. Enterprise NFTs that make references to real-world objects, digital twins, and other forms of utility are currently being developed and will be used starting in 2022.
To make Ethereum, with its congestion and high gas prices, quick and economical, Polygon is creating a wide range of innovative overlay and side channel technologies. Cerveny refers to this additional scaling layer as "app-chains," nevertheless. According to him, this is a certain type of application-specific blockchain that offers more options right out of the gate for naturally connecting Ethereum.
