Polygon Labs Announces A Partnership With Mercy Corps Ventures

Twitter icon  •  Published vor 1 Jahr  •  Hassan Maishera

The Polygon team announced via a blog post on Thursday that it has partnered with Mercy Corps Ventures, the impact investing arm of the global development organization Mercy Corps.

The Polygon team announced via a blog post on Thursday that it has partnered with Mercy Corps Ventures, the impact investing arm of the global development organization Mercy Corps. The partnership is designed to accelerate blockchain solutions for underserved and low-income individuals and communities in emerging markets.

The partnership will see Mercy Corps Ventures fund blockchain pilots that will enable access to the financial system for traditionally excluded and underserved communities. The two entities will also organize a series of blockchain hackathons with developers serving emerging market users to increase education and awareness about how blockchain can help solve local challenges in the impact space.

Finally, they will run a blockchain bootcamp roadshow in markets where Mercy Corps has a presence, aimed to provide educational and informational sessions for local educational institutions, NGOs, and other organizations looking to improve operations through blockchain technology.

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is down by 4% in the last 24 hours and is currently trading at $1.1713

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.