Polygon: Billion-Dollar Gateway Provider to Launch on MATIC Network, Unlocking Ethereum Scaling Advantages

AsetPay, a platform that enables users to buy, sell, and store cryptos, has disclosed that it would soon integrate its Pure on the Polygon (MATIC) network.

We are soon integrating our Pure on Polygon network, which will be able to use merchant feature of #Polygon network on our , the benefits of integration will be shared with you soon.

Live : 01-Jun-2023

Link : #AsetPay

— ASETPay (@ASETPay) May 29, 2023

This would enable it to use the power of blockchain and smart contracts to provide a seamless, secure, and future-proof entry pass solution. It would also be able to use Polygon’s merchant feature on its network.

According to AsetPay, its decision is a result of the need for an efficient and secure access control in the fast-changing world. In this period, the traditional methods of entry passes and identification are no longer relevant. Interestingly, the AsetPay team has come up with a solution with the development of the Next-Gen Entry Pass Technology.

Polygon is known for its robust infrastructure that ensures fast and cost-effective transactions, making it the perfect network for the Next-Gen Entry Pass. This groundbreaking integration with Polygon would open a way for AsetPay to ensure scalability, low fees, and interoperability.

In an era where technology is rapidly evolving, traditional entry pass s no longer meet the demands of modern access control. AsetPay’s Next-Gen Entry Pass Technology on Polygon revolutionizes access management by offering a secure, scalable, and user-friendly solution. By harnessing the power of blockchain, smart contracts, and the Polygon network, AsetPay paves the way for a future where access control is efficient, seamless, and foolproof.

Benefits of the Entry Pass Launch on Polygon

Some of the benefits and features of this integration include Immutable Identity Verification. According to AsetPay, the Entry Pass technology would leverage blockchain technology to come up with an immutable identity verification . With this, a unique identity stored securely on the blockchain would be assigned to each individual.

In this case, all risks associated with stolen physical entry passes or counterfeit would be eliminated. In addition, the Entry Pass would ensure that real-time monitoring and analytics capabilities are provided. In this key, entry patterns can be tracked and analyzed, and also identify potential security loopholes.

The Next-Gen Entry Pass would also enable smooth integration with existing infrastructure to make sure that it is adaptable to different environments. It has been designed with a user-friendly interface to ensure easy onboarding and management of access privileges

One other benefit is that it takes advantage of the smart contracts on the Polygon network to facilitate easy access control. It has been designed to automatically verify the legitimacy of an entry pass, and ensure that authorized individuals have access while denying unauthorized individuals

The Entry Pass makes it possible for organizations to effectively ensure the safety of their premises and assets

Overall, AsetPay has the potential to transform the global economy by enabling easy and secure transactions, reducing transaction fees, enhancing financial inclusion, facilitating cross-border transactions, and offering investment opportunities. As the adoption of cryptocurrencies continues to grow, the importance of these gateways is likely to increase, making them a critical part of the financial of the future.

In the last 24 hours, Polygon has surged by 2.99 percent to trade at $0.904983.