MATIC Helps India Amid Covid-19 Pandemic, Records New ATH

  • Polygon integrates blockchain technology with the government of India to aid them in this coronavirus pandemic.
  • MATIC records another ATH upon hitting the bullish price of $2.

Polygon (MATIC) has integrated its blockchain technology with the government of India to aid them in this coronavirus pandemic. This exclusive article will discuss more details about the partnership of India with the crypto network Polygon.

Interestingly, the blockchain technology of MATIC enables the Indian state Maharashtra to maintain its Covid-19 test result records securely. As a result, all the documents relating to the Covid-19 test can now be accessed seamlessly without being altered.

This partnership between the mentioned Indian state and Matic brings hope that sooner or later, the Indian government might embrace cryptocurrency in the country. If it does, this is a piece of great news that would make the Indian crypto community rejoice.

On the other hand, MATIC has officially announced the launch of the Infura and Truffle platform in the MATIC network. Hence, crypto and blockchain developers in Polygon can now create state-of-the-art Web 3.0 applications and scale the network’s RPC infrastructure.

Today, MATIC has just created another all-time-high upon smashing the bullish price of $2 per token. This ATH is the result of the aggressiveness that the network has shown in the past few weeks.

Regarding its market position, MATIC market capitalization amounts to almost $13 billion with a 24-hour trading volume of $4.9 billion. Indeed, this is a market standing that could really attract the interest of global investors.

In another news story, MATIC’s layer-two solution provides an answer to the high gas fees and network congestion that Ethereum encounters today. Consequently, traders and investors are able to maximize their funds in swapping crypto using the QuickSwap exchange.

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