• Polygon has launched The Value Prop, an open database that hosts a variety of blockchain use cases.
• The Value Prop is designed to highlight the different positive use cases of blockchain technology throughout the world and currently hosts 39 use cases and over 300 applications.
• The recent legal issues with major crypto exchanges have highlighted the need for more positive regulations focused on pushing mainstream adoption of blockchain technology.
Polygon Launches ‘The Value Prop’
Polygon has unveiled ‘The Value Prop’, an open database that hosts a variety of blockchain use cases. It highlights the many positive applications of blockchain technology throughout the world, featuring 39 use cases and over 300 applications.
Taurus Partnership with Polygon
Polygon recently announced their partnership with Taurus to create this project, which was originally referred to as “Wikipedia for Use Cases” when it was first conceived. This change in title became necessary after Chief Policy Officer Rebecca Rettig pointed out that “This is just the beginning…it’s going to grow as people see it and say, ‘Oh, we want more applications that are on Solana to be listed on here. Please put them up on the website’”
Regulatory Issues Highlight Need for Blockchain Use Cases
The recent regulatory issues surrounding some major crypto exchanges have led to much uncertainty in the industry and have hindered its growth. In response, one policymaker from G20 has highlighted the need for a body of use cases showing how blockchain can be used without presenting vulnerabilities of crypto assets. If such a resource was available, policymakers would be able to focus discussions towards creating positive regulations focused on pushing mainstream adoption of blockchain technology.
Testimonials Section Added To The Value Prop
In addition to hosting various use cases and applications, The Value Prop also features a section where users can upload testimonials about how they have benefited from using blockchain technology in their lives – either through videos or written messages. This provides users with greater insight into using various blockchain technologies and allows regulators to better understand how these technologies are being adopted by individuals around the world.
Conclusion
Polygon’s new project ‚The Value Prop‘ is set to revolutionize how people view and understand cryptocurrency regulations globally by highlighting all the potential benefits that come from using this disruptive technology., making it easier for regulators to create laws that encourage mainstream adoption while still protecting investors from risk-prone practices.