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Bentley thinks NFTs can have a similar impact on the luxury car business as they have on the art world.
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Zero-knowledge proof (ZKP) self-sovereign identification is now available from Polygon. User credentials and identity can be verified with Polygon ID, which does not require any personal information to be provided.
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It is a new cryptocurrency called Polygon Network that is based on a blockchain with high scalability. Polygon is powered by MATIC, an Ethereum ERC-20 token.
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Large Ethereum wallet holders bought MATIC after the latest cryptocurrency price decline. The altcoin is a favorite of Ethereum whales.
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Over the last day, there was no significant volatility in the global crypto market cap. Following the correction phase, the bulls appeared to have regained control of the recent momentum.
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This week was fruitful for the majority of the crypto market, with many altcoins breaking records, including MATIC, the Polygon network's token. Along with rising prices, investors' optimism rose, and MATIC appeared to be reaping the benefits.
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A Whitehat hacker recently disclosed a critical vulnerability on Polygon, which could have resulted in $850 million in losses.
Bentley thinks NFTs can have a similar impact on the luxury car business as they have on the art world.
