Polygon (MATIC), one of the major Web3 networks, has announced the launch of an open database of use cases for blockchain technology. Named “The Value Prop”, the database hosts a catalogue of over 300 applications and a myriad of use cases spread across various business sectors, blockchain networks, and geographies. Polygon has called for user contributions with more use cases and applications to expand the value proposition. Polygon and the Real World Real-world applications of blockchains aiming to address real-world problems have previously been a source of intense debate. Polygon’s recent initiative coincides with a period where blockchain technology has been grappling with predominantly negative sentiments and headlines. This has resulted from pressure by U.S. regulators on significant market participants like Binance and Coinbase. Therefore, Web3 experts and major players in the field believe there is an increasing need to reveal positive applications for blockchains. They aim to present it […]
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