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Data Ownership Protocol (DOP) has recently partnered with Polygon with its exclusive deployment. This collaboration of Data Ownership Protocol with Polygon (an L2 scaling solution operating parallel to the Ethereum blockchain) aims to expand its ecosystem along with providing effective solutions to users. The company disclosed this development on its official X account.
We’re excited to announce a collaboration with @0xPolygon! DOP is being deployed on Polygon PoS! This marks a significant step in expanding our ecosystem and bringing more efficient solutions to our users. Stay tuned for more updates!
— Data Ownership Protocol (@dop_org) July 23, 2024
Read more: https://t.co/rbI2FWTIJu pic.twitter.com/cJCrmzB4PA
Data Ownership Protocol Collaborates with Polygon to Offer Exclusive Solutions to Users
In its X post, DOP noted that this endeavor denotes a remarkable move for its further development. As a part of this collaboration, DOP (the well-known Ethereum L1 using zero-knowledge proofs for transparency) sees deployment on Polygon. This will reportedly allow its consumers to have significant control over the digital assets thereof and the relevant information.
DOP leverages the infrastructure of Polygon to gain exposure to an active and broad community. In addition to this, now it can process more than 1 million regular transfers. The respective high-level activity enhances the visibility. Apart from that, it also offers unique opportunities for wider adoption. Consumers will appreciate the platform of Polygon for its considerably decreased transfer fees in comparison with other networks.
The Initiative Focuses on Enhancing TPS, Scalability, User Experience, and Freedom
This makes the DOP interactions additionally cost-efficient. Additionally, the rapid blockchain technology of Polygon guarantees increased TPS as well as finality rates. Moreover, it also ensures enhanced scalability, improving the overall consumer experience. At present, DOP is included in the extensive ecosystem of Polygon, opening the latest ways to likely synergies and integrations.
While doing this, it intends to maintain the freedom of its consumers to access transparency within the multi-chain ecosystem. The deployment of DOP on Polygon focuses the attention on turning the platform’s future vision into a reality. This procedure comprises 3 distinct stages. The initial phase takes into account the deployment. During this, the company will bridge the $DOP token to Polygon.
The 2nd phase will see the promotion of the usage of Polygon on the mainnet thereof while prioritizing this blockchain for future airdrops. To promote adoption and build momentum, the firm will allocate $50,000 to back dev teams. In its announcement, Data Ownership Protocol asserted that this mutual endeavor will unlock several opportunities for development and growth.