Matic, Infosys partner up

Matic Network is partnering with Indian technology giant Infosys. The first step in the collaboration, announced Matic, is by welcoming Infosys as a Dapp partner validator. The $40bn market cap multinational IT corporation will be running a validator node on the Matic mainnet, thereby helping to ensure a secure and robust platform for our growing ecosystem of DApps.

By joining us as a Dapp partner validator, Infosys will be contributing vital infrastructure to validate transactions on Matic, thereby making the network more secure for the DApps currently waiting to onboard to the mainnet, and the many others in the pipeline to do so.

Sandeep Nailwal, COO & Co-founder—Matic Network, says one of the aims of the company is to deliver cutting-edge Layer 2 solutions to enable large enterprises to build scalable business use-cases on blockchains, and to collaborate together to accelerate the global decentralized movement in general.

“Our collaborative efforts with Infosys is only the beginning,” he says.

Established in 1981, Infosys is a NYSE listed global consulting and IT services company with more than 242,000 employees. From a capital of US $250, they have grown to become a US $12.78 billion (FY20 revenues) company with a market capitalization of approximately US $40 billion.

Matic Network is a Layer 2 scaling solution that aims to provide a generalized Layer 2 platform, offering various Layer 2 approaches over Ethereum for developers to scale their DApps for large-scale usage.


Related articles

ICP’s AI Smart Contract Breakthrough: Speeding Up the Future

The confluence of artificial intelligence (AI) and blockchain technology...

Trump’s Crypto Journey: From MAGA Coin to Ethereum Riches

For decades, former President Donald Trump has been a...

Bitcoin’s Bright Horizon: CEO Sees Bullish Future

As Bitcoin navigates through its cyclic peaks and troughs,...

Desert Oasis of Digital Gold: UAE’s Crypto Boom

The United Arab Emirates (UAE) has marked a significant...


Please enter your comment!
Please enter your name here