We’re excited to announce that Blockinvest has fully integrated the Polygon (MATIC) mainnet onto its platform. From now on, Blockinvest users can use our system on the Polygon Blockchain, as well as on the Ethereum blockchain. This integration is meant to ensure that investors and customers can utilize their funds efficiently using this Ethereum Layer2. The idea behind the integration is to bring in interoperability between Ethereum and Polygon, using Polygon Bridge (https://wallet.matic.network/bridge/) eventually to move their funds to and from Eth layer 2 blockchain, giving users the possibility to complete transfers across chains and existing customers continue their work and usage as usual, with improved speed and efficiency.
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It provides the core components and tools to join a new, borderless economy to create, exchange real assets. With Polygon, Blockinvest spins up a dedicated blockchain network that combines the best features of blockchains (sovereignty, scalability, and flexibility) and Ethereum (security, interoperability). Additionally, since Polygon uses the same EVM as Ethereum, is fully compatible with all the existing tools and smart contracts used on layer 1.
Developers that normally use Ethereum are already taking advantage of those capabilities and Polygon is emerging as the leading 2nd layer solution on Ethereum, positioning itself as a potential market leader.
“Our mission is to fill a gap and become a real bridge between real-world assets and the new digital economy,” said Blockinvest CEO Lorenzo Rigatti “Polygon is an ambitious and thriving project that’s performing extremely well in helping Ethereum ecosystem scale, so it was an obvious choice for our integration roadmap. Integrating Polygon with Blockinvest is a key step towards creating a fully interoperable future for blockchain and we’re looking forward to observing how our customers make the most of the integration.”
The improvement and addition of interoperability will also improve the liquidity of the network as the transfer of assets across chains would also become easier. “The possibilities offered by Polygon even for users with small capital are immense, given the low cost of fees compared to Ethereum,“ affirms Blockinvest CTO Fabio Pacchioni “There is also the possibility of “mapping” tokens on layer2, making the Polygon ecosystem almost entirely similar to that of Ethereum. This is evidenced by the fact that several large DeFi projects are already perfectly integrated with Polygon, including Curve, Aave and Balancer to name the most important ones.“