In a bid to promote blockchain technology implementation in Africa, Polygon has announced a partnership with CV Labs.
The partnership which seeks to promote the Polygon environment to businesses and institutions is also aimed at expanding Polygon’s ecosystem while ensuring a more electronically resilient and democratic society in Africa.
CV Labs is the worldwide network developer of Zug, Switzerland-based blockchain startup funding company CV VC.
On the other hand, Polygon, a decentralized Ethereum scaling solution, allows programmers to create scalable, customer-friendly dApps with minimal trading costs without compromising security. Using Polygon, businesses may construct connected apps that improve procedures and generate new payment channels, among other things.
“We are happy to collaborate with them throughout the African continent to better the lives of people, businesses, and organizations, and to assist in a more inclusive society.
“Polygon and CV Labs think Africa has the expertise and framework to transform into a worldwide blockchain hotspot, and they are optimistic of aiding businesses, startups, NGOs, as well as other parties eager in the positive disruption blockchain technology may deliver. Collectively, we are aiming to assist the ecosystem’s growth and to establish relationships with Africans for the betterment of the continent.”
On its part, Polygon described the African ecosystem as a potential breeding ground for young talents in the industry.
“Africa has significant promise for blockchain technology due to its young generation, expanding technological industry, and the requirement for more openness and accountability. We are ready to help all players in the region, from huge corporations to social benefit programs.” Polygon said.