Polygon Labs, the most important Layer-2 resolution 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 resolution which relies on the Polygon community.
There are a selection of shortcomings in provide chain administration at this time, together with inaccurate knowledge entry, incompatible software program programs, and pretend knowledge. With its resolution, Polygon helps in enhancing provide chain administration within the power sector. Wipro will develop a brand new decentralized utility referred to as Falcon, which can present an end-to-end provide chain administration resolution. Falcon is a complete platform that tracks provides from their supply, offering a tamper-proof and globally constant file of business tools knowledge.
Each bit of kit tracked utilizing Falcon will probably be assigned a digital passport, permitting customers to publicly monitor its location and repair historical past. Transparency is predicted to deal with 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 functions that provided new options to clients.