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Polygon (MATIC) Nodes To Be Used by Ernst & Young. Why is This Important?

Company

GETBLOCK

September 24, 2021

4 min read

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Polygon API evolves into a go-to solution for small and large businesses. EY, an iconic professional and technology services vendor, is going to use Polygon nodes instruments for ‘private’ transactions research.

Polygon partners Ernst and Young, Introduces NightFall private roll-up

As announced by Polygon (ex-Matic Network) team, world-leading multinational corporation Ernst and Young, will collaborate with Polygon to explore scaling on Ethereum solutions.

Polygon Nightfall, a one-of-a-kind privacy-focused Rollup, will be integrated into EY’s stack of technologies for business operations and data processes.

The EY team has been experimenting with Nightfall since 2019. To advance its scaling and usability, the team started collaborating with Polygon. Polygon Nightfall will be a novel construction for Polygon nodes ecosystem: its concept merges the benefits of Optimistic Rollups and zero-knowledge proofs.

Polygon team is sure that new technology will represent a scalable and secure hybrid suitable for many EY’s use-cases. Apart from Polygon Nightfall, the two teams will collaborate on integrating between Polygon nodes and permissioned private blockchain on EY as well as on privacy-focused ‘enterprise chains’ on Nightfall rollup.

Wanna be like Ernst and Young? These guys know a thing or two about doing business. So, don’t miss a chance to integrate cutting-edge blockchain technology into whatever you’re building. Request the access to shared and dedicated Polygon (MATIC) API nodes.

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Polygon API allows users to access one-stop DeFi hub on L2

This integration highlights the progress of the Polygon nodes ecosystem. Polygon API endpoints can be used to integrate numerous products of its stack: Polygon Hermez, Polygon Avail, Polygon Nightfall, and so on.

As previously covered by GetBlock.io, Hermez became the first blockchain network directly acquired by its competitor. Hermes worked as a layer-two protocol on Ethereum (ETH) powered by zk-proofs technology. Starting from Q4, 2021, it will act as a part of the ecosystem available with Polygon API nodes endpoints.

Polygon Avail is promoted as a ‘robust general-purpose scalable data availability layer’. As such, its release makes Polygon API attractive for novel data management instruments.

Polygon SDK is software development kit designed to allow developers interested in Ethereum (ETH) scalability to create different on-chain applications. As Polygon is fully Ethereum-compatible, and ‘every Ethereum developer is a Polygon developer’, many Soliduty experts can experiment with Polygon through its SDK.

Polygon PoS ecosystem is the first product by Polygon and the core element of its node infrastructure.

Polygon comes to Bitfinex

Besides technical development, Polygon ecosystem expands the liquidity of its core digital asset, MATIC token. Starting from Sept.20, 2021, MATIC tokens can be seamlessly deposited to Bitfinex, one of the largest and oldest cryptocurrency exchanges.

Besides token listing, Bitfinex will seamlessly integrate Polygon’s Proof-of-Stake nodes so that two systems can act as a single one.

This integration will stimulate a new injection of liquidity into all dApps that utilize Polygon nodes API.

Company

GETBLOCK

September 24, 2021

4 min read

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