Polygon Labs, the biggest Layer-2 answer for Ethereum, continues to attach firms. It was introduced that Wipro, an organization earlier backed by Shell, has launched an on-chain provide chain knowledge monitoring answer which is predicated on the Polygon community.
There are a selection of shortcomings in provide chain administration in the present day, together with inaccurate knowledge entry, incompatible software program programs, and pretend knowledge. With its answer, Polygon helps in enhancing provide chain administration within the power sector. Wipro will develop a brand new decentralized utility generally known as Falcon, which can present an end-to-end provide chain administration answer. Falcon is a complete platform that tracks provides from their supply, offering a tamper-proof and globally constant document of business tools knowledge.
Each bit of kit tracked utilizing Falcon shall be assigned a digital passport, permitting customers to publicly observe its location and repair historical past. Transparency is predicted to handle key inefficiencies in present processes, and the distributed ledger will present a seamless platform that may be trusted with the important knowledge.
Polygon beforehand partnered with Adidas, Stripe, and Adobe to launch customized decentralized purposes that provided new options to clients.