Polygon Bags The "Blockchain Booster" Position in TIME's 100 Most Infl...

Polygon Bags The "Blockchain Booster" Position in TIME's 100 Most Influential Companies 2023 List

Polygon Labs took to Twitter to announce an piece of exciting news of  Polygon Labs being listed in TIME’s 100 Most Influential Companies of 2023 list.

With utmost pride and thrill, they stated, ”

Polygon Labs was included on TIME’s list of the 100 Most Influential Companies of 2023. We are incredibly proud & want to share this moment with you. The value layer of the internet is coming, and it’s time for the community to shine.”

TIME releases the list annually and positions the most influential people globally on it. Expanding the list, the platform included substantial companies, significantly affecting and contributing to numerous sectors.

What Does the TIME’s 100 List Say About the Company?

The 2023 list of the most influential companies included Polygon Labs in the “Blockchain Booster” category. The President of Polygon Labs, Ryan Watt, got a special feature, where he shared that “in a decade, most people will have a digital wallet,” tied to a blockchain.

TIME’s also shared the following about the platform,

“Polygon Labs is pushing blockchain into the mainstream, enabling companies like Starbucks, Nike, and Meta to build more-­secure applications using the distributed recordkeeping mechanism that is revolutionizing the way we keep track of what we own—from currency and investments to event tickets. The company’s protocols, built atop the Ethereum blockchain, were used in November by JPMorgan to execute its first live blockchain-­based trade and in December by Starbucks to launch its Odyssey rewards program.”

What Does It Say About The Company?

Bagging this position in the most influential list testifies that Polygon Lab’s having tremendous growth, impacting the blockchain industry positively. The credit goes to the platform for releasing the industry’s fastest ZK proving system and also for introducing the only EVM-equivalent zkEVM on the mainnet.

Further, Polygon 2.0 was launched last week with the vision for unlimited scalability ZK technology-powered unified liquidity. It has led to an incline in the Polygon’s ecosystem.

How are People Reacting To The News?

The Twitter crypto community is all smiles knowing that Polygon Labs is moving swiftly. The complete thread is filled with people congratulating the platform.

Amit Misra, a Twitter user said,

“Congratulations, Polygon Labs, on being celebrated as one of TIME’s 100 Most Influential Companies! Your remarkable blend of knowledge, creativity, and community focus has earned you this prestigious accolade. Keep inspiring and making a difference!” Similarly, other users wished the best for the platform.

Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.