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HomeCrypto NewsMarketPolygon Labs Listed Among Time’s Top 100 Influential Companies of 2023

Polygon Labs Listed Among Time’s Top 100 Influential Companies of 2023


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Polygon Labs is now in Time’s Top 100 Influential Companies, Sharing the Limelight with OpenAI, TikTok, Apple, and Samsung.

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Time Magazine has listed Polygon Labs as one of the top 100 influential companies in 2023, sharing the spot with titans like TikTok, Samsung, and Apple.

Polygon Labs, a proof of stake (PoS) blockchain company, is making Airwaves one of the globe’s most influential companies thanks to its quest to make blockchain technology go mainstream, according to Time Magazine.

Polygon Labs has already enabled leading companies, such as Meta, Nike, and Starbucks, to be more secure through its distributed and revolutionary recordkeeping network.

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Since most people will own a digital wallet in a decade, Polygon Labs president Ryan Watt believes blockchain technology will continue to take center stage.

The firm’s protocols are built on top of the Ethereum (ETH) network, and JPMorgan has already used them to undertake the bank’s first-ever live blockchain-powered trade.

Polygon Labs has been making significant strides in the blockchain arena, given that it previously disclosed plans to establish a Web3 university meant to enhance builders’ knowledge base in the smart contracts, decentralized finance (Defi), and non-fungible tokens (NFTs) sectors, The Crypto Basic reported.

Listed under the innovator’s category by Time Magazine, Polygon Labs was selected together with other industry giants, such as Nvidia, OpenAI, Microsoft, Disney, and JPMorgan.

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OpenAI, the parent company behind the revolutionary ChatGPT, is crafting a name for itself because it seeks to enhance human capacity using artificial intelligence (AI).

ChatGPT is based on generative AI and large language models (LLMs). It has been the fastest technology platform to hit 100 million users.

Nvidia’s computing prowess is the engine behind ChatGPT’s powerful models. This explains why it is among Time Magazine’s 100 most influential companies, having entered the trillion-dollar club, as reported by The Crypto Basic.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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