Ethereum scaling platform 0xPolygonLabs has launched an open database showcasing positive use cases of blockchain on any application, Chief Policy Officer RebeccaRettig1 tells CoinDesk. By amitoj.
Polygon Labs, the Ethereum scaling platform, has released an open database that shows positive use cases of blockchain on any application from across the world, it announced on Thursday.
Called"The Value Prop," the database hosts as many as 39 use cases and over 300 applications, with numbers expected to increase. Polygon Labs conceived the project as a “Wikipedia for use cases.” "This is just the beginning. It's not like this is going to be a stagnant website," said Rebecca Rettig, Chief Policy Officer at Polygon Labs in a pre-launch interview with CoinDesk."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.'"
The clamor for use cases has been growing among regulators as jurisdictions grapple with the challenge of framing legislation that not only supports innovation but also protects citizens. "We need to see a body of use cases of blockchain that reflect the power of the technology without the vulnerabilities of crypto to tilt the discussion in favor of positive regulation intended for mass adoption," one policymaker from the Group of 20 told CoinDesk. Earlier this year, Singapore's central bank
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