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A Strategic Partnership To Construct The Indian Web3 Panorama

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Polygon, a blockchain platform, on Friday introduced its strategic partnership with the e-commerce large Flipkart to develop the muse of Blockchain-Ecommerce Centre of Excellence.



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Jeyandran Venugopal, Chief Product and Expertise Officer at Flipkart mentioned “Innovation is likely one of the major pillars for Flipkart and we now have constantly labored in direction of expertise options to scale new frontiers and introduce new services. We’re delighted to accomplice with Polygon, an organization that’s on the forefront of blockchain innovation, nationally and internationally.”

The yr has been fruitful for the Walmart-owned firm as, in October 2022, it introduced partnering with eDAO, a media and leisure decentralized autonomous group, to deliver its clients a Digital Buying Expertise referred to as Flipverse. Manufacturers together with the likes of Puma, Noise, VIP, Nivea, and Himalaya have arrange their expertise theatres on the platform. eDAO was incubated below Polygon itself.

Moreover, it launched FireDrops, a user-friendly NFT platform for customers to find and expertise the web3 component.

The race to get a primary movers benefit in e-commerce has pitted Amazon and Flipkart towards one another. For the festive season of 2022, Amazon got here up with a bodily IP #AmazonMetaWorld to supply a gamified expertise to its customers throughout 5 cities.

Earlier this week, Phantom, a Solana centered pockets, introduced its transfer to develop a Polygon pockets. In October, the corporate introduced the Polygon zkEVM Public Testnet, a zero data rollup.

“Polygon is the go-to blockchain for the world’s largest firms coming into Web3. Our mission is to deliver the following billion customers to Web3, so we’re excited to accomplice with Flipkart to create the Blockchain-eCommerce Centre of Excellence,” mentioned Sandeep Nailwal, co-founder of Polygon on the partnership transfer.

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