Real-world assets tokenization lacks infrastructure, not just regulation

    Assets tokenization has been held back by lack of infrastructure and regulatory standards worldwide. The next generation of securities and asset tokenization has been held back by a lack of infrastructure and regulatory standards worldwide, according to BlackRock’s Larry Fink. The merger between decentralized finance (DeFi) and traditional assets, however, has been held back by…

    Polygon launches decentralized ID product powered by ZK proofs

    The public launch of Polygon ID comes 12 months after it was first launched in a closed-environment to a select group of builders. Polygon, a layer-2 scaling protocol for Ethereum, has launched a zero-knowledge decentralized identity solutionto the public nearly a year after announcing its development. The Polygon ID service uses zero-knowledge proofs (ZK proofs)…

    Polygonscan went down, causing unwarranted concern of blockchain outage

    Data from PolygonScan showed that the blockchain had not produced any new blocks or processed transactions for some time, leading some to believe it was suffering an outage. Update: The article was updated at 11:45pm UTC on Feb. 22 to reflect that the blockchain explorer Polygonscan was not updating correctly. Polygon has continued to produce blocks,…

    Crypto adoption in 2022: What events moved the industry forward?

    While the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level. It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared…

    Prominent NFT projects DeGods and y00ts migrate from Solana to Ethereum and Polygon

    DeGods and y00ts, two of the most significant NFT projects on Solana, announced a migration to other blockchains. DeGods plans to migrate to Ethereum, while y00ts will be bridged to Polygon. DeGods and y00ts, two of the leading NFT collections on Solana, have announced plans to migrate to Ethereum and Polygon next year, the teams…

    ZK rollups bring Ethereum’s decentralized vision into focus

    Polygon founder Mihailo Bjelic makes the case for zero knowledge technology. In 2015, the Ethereum protocol proposed a vision for a decentralized world computer capable of rearchitecting a free and open internet – removed from the whims and constraints of centralized entities. While Ethereum has become the foundation for Web3 as we know it, its…