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Acentrik Installed On Polygon Mainnet In Its Enterprise Release

Umair Younas by Umair Younas
August 1, 2022 - 3:36 pm
in altcoins news, blockchain news
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Acentrik, known as a strategic endeavor taken on the behalf of Mercedes-Benz, is presently installed on Polygon Mainnet as included in the enterprise release of the venue. Acentrik (which is backed by Blockchain Technology) is considered to be a decentralized data market developed on the behalf of Mercedes-Benz, with the utilization of Ocean Protocol technology, providing the services related to monetization and data sharing for the enterprises throughout the domains.

Polygon to Onboard Acentrik on Its Mainnet for Its Enterprise Release

Several enterprises are now capable of accessing data present on marketplace-based data in a secure manner with data assets’ tokenization. Acentrik is categorized as a horizontal technology providing facilities for diverse enterprises, providing many benefits dealing with data transformation. The foundation of Acentrik is laid on data sovereignty as the data is preserved in an atmosphere chosen by the data providers, with users having a straight link to the source of the data.

With the deployment of the Acentrik on the proof-of-stake(Pos)-based platform of Polygon as the first chain, it guarantees that the blockchain-based transfers are validated by it with considerably low gas charges, transferring the respective cost benefit to the consumers as they control the value of the enterprise data in their possession. At the moment, the venue is in Enterprise Release. It is prepared for on boarding the enterprises, with unique features offered in its exclusive version.

Acentrik Allows Users to Have Additional Opportunities in Data Monetization

Acentrik pushes its consumers to start their data monetization venture and obtain additional involvement as well as collaboration opportunities. The ecosystem of Polygon comprises more than 19,000 decentralized applications (DApps) and a huge number of builders are present within it with resilient support networks as well as instrumenting programs. A list of enterprises taking into account Flipkart, Adobe, Stripe, and Instagram are now selecting the carbon-neutral network of Polygon to enter the world of Web3.

Polygon-based projects can additionally control a package of solutions comparable to an instrument for each possible scaling as well as a utility that is made available to web2 developers by Amazon Web Services. This functionality is available to web2 developers as part of the Amazon Web Services developer toolkit. After the release of Version 1.0 of Acentrik, businesses now have the ability, albeit with some restrictions, to publish the datasets that they have created. These limitations on the API have been imposed so that the developers can ensure that even more accurate data is obtained from the source of the data.

The smart contracts “OceanONDA V4” as well as the libraries responsible for enabling the publication of data services are the driving forces at the back of the Acentrik Marketplace, with the minting as well as the deployment of data tokens as well as the Acentrik Asset Management Token, along with the consumption of data services via spending them.

Acentrik

The launch of Acentrik V1.0 is being carried out on the network of Polygon to guarantee that economic gas charges, as well as rapid transfers, are provided to the consumers. Polygon is among several networks that are EVM-compatible and have deployed the Ocean smart contracts.

Tags: AltcoinsBlockchainCryptoCryptocurrencyMATICPolygon
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Umair Younas

Umair Younas

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

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