Tuesday, September 27, 2022
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Polygon joins Simba Chain to assist Ethereum

Layer-2 Ethereum (ETH) solution Polygon (MATIC) is integrating the Simba Chain in order to expand and build a new Web3 infrastructure.

While Polygon is well-known for providing scaling solutions, the new integration intends to create the next chapter for Web3 and broaden the scope of services provided by the Polygon network.

With Web3’s rising impact and popularity, the large Web2 firms are looking to make the transition, but many are put off by the effort of establishing a decentralised infrastructure from the ground up. With its tools and services, Simba strives to lower the barrier. For the organisation, the firm provides a cloud-based smart contract platform with enterprise-level security.

Simba Chain is an API development platform that focuses on providing Web2 organisations with an infrastructure for Web3 project development. The company wants to make it easier for new companies to enter the Web3 ecosystem. The Web3 developer platform has also created a mark for itself by providing technological solutions to several US military entities.

In addition to the white-label NFT marketplace, Simba and Polygon will partner to promote and broadly integrate Simba’s metadata registry bridge (MDR), with the objective of developing secure digital asset custody solutions via widespread interoperability.

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Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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