Polygon Labs, the most important Layer-2 resolution for Ethereum, continues to attach corporations. 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 variety of shortcomings in provide chain administration at present, together with inaccurate knowledge entry, incompatible software program programs, and faux knowledge. With its resolution, Polygon helps in bettering provide chain administration within the vitality sector. Wipro will develop a brand new decentralized utility generally known 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 gear knowledge.
Each bit of apparatus tracked utilizing Falcon will likely be assigned a digital passport, permitting customers to publicly observe its location and repair historical past. Transparency is anticipated 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 purposes that provided new options to prospects.