Matic network was established in the year 2018 and co-founded by Sandeep nailwal, Jayanti Kanani, and Anurag Arjun, Polygon formerly known as MATIC is an Indian blockchain scalability platform called “the Ethereum’s Internet of Blockchains”. An Indian crypto project which solves the two main problems associated with the decentralized applications in the Ethereum platform is scalability and usability. The platform makes sure of its liveliness by utilizing PoS checkpoints, pushed to the Ethereum chain that permits a single Matic sidechain to theoretically accomplish 2^16 transactions each block.
The company has the aim of making a change by simplifying the interaction between users and a decentralized world. We want to make interaction easy for the people so that they can easily interact with decentralized systems without worrying about the complexity of the system. The company renders a rich portfolio of services consisting of payments and blockchain solutions. the company has its main branch at presence in Bangalore.
The current decentralized ecosystem lacks usability and convenience and is slow and complex. Hence Polygon is working to change this by leveraging the combination of blockchain scaling, developer platform, and tools. The company is looking forward to seeing the world where blockchain can gain mainstream adoption and fulfills its true promise. Some of the reputed companies who believe in us are Coinbase, Binance, and Venture, and partnered with Zebi, Hey Coral, and Maker Dao.