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First-Ever US-Compliant Crypto Payroll Platform Joins Polygon (MATIC)

First-Ever US-Compliant Crypto Payroll Platform Joins Polygon (MATIC)


The initiative is anticipated to increase the availability of financing for at least 50 businesses, including 29 in the industrial and agricultural sectors, 9 in the renewable energy sector, and 13 in the healthcare sector. A minimum of 1000 employment will be generated, and about 14 female entrepreneurs will be able to obtain long-term investment as a result.

Franklin markets itself as the only automated payroll solution that uses digital assets and is governed by American law. In the B2B market, it simplifies payments to employees and contractors, generates and completes tax returns, and does other things. The founder of Polygon (MATIC) reveals his startling endgame objective.

Two pillars serve as the foundation for the African Development Bank’s current strategy: fostering social inclusion through agribusiness and skill development; and supporting infrastructure development. The 53 operations that make up its present Nigeria portfolio have a combined value of $4.5 billion. The value of the 23 non-sovereign activities is $1.8 billion, while the value of the thirty sovereign businesses is $2.7 billion.

Recently, J.P. Morgan and Meta’s Instagram collaborated with Polygon (MATIC). J.P. Morgan announced its first transaction on Polygon (MATIC) between the tokenized currencies of SGD and JPY, as previously reported by U.Today.

All of this is happening as the first “FULLY BUILT zkEVM” mainnet approaches. It is neither a false zkEVM mainnet intended to entice new investors, nor is it a promise of a future zkEVM; rather, it is a production-grade mainnet that has been FULLY BUILT, with all of its source code available and verifiable proofs. Awaiting you on #zkEVM A modern scaling protocol built on zk-cryptography is called Polygon (MATIC) zkEVM. It accelerates and reduces the cost of the L1 and L2 interaction. Nailwal continues that his ultimate goal is to position Polygon (MATIC) among the top three blockchains, along with Bitcoin (BTC) and Ethereum (ETH). News about Polygon (MATIC).

Project Guardian, a programme backed by the Monetary Authority of Singapore, oversaw the experiment (MAS). Sandeep Nailwal, a co-founder of Polygon (MATIC), emphasised that the prospects made possible by the platform’s second-layer scaler zkEVM should be given credit for the interest in it.

News Summary:

  • First-Ever US-Compliant Crypto Payroll Platform Joins Polygon (MATIC)
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