Verifyaimstotransformcontentcreation,distribution,andmonetizationformediacompanieslikeTIMEMagazine,whichhasalreadysignedonasthefirstexternalpublishingpartner.
FoxCorporation,atopmediafirmintheUS,recentlylauncheditsfirstenterpriseLayer-2solution,Verify,inpartnershipwiththePolygonblockchain.LaunchedontheGelatonetwork,VerifyispoweredbyPolygon’sChainDevelopmentKit(CDK),aframeworkforbuildingzero-knowledgeproofs-basedblockchains.How“Verify”onPolygonWorksVerifyaimstotransformcontentcreation,distribution,andmonetizationformediacompanieslikeTIMEMagazine,whichhasalreadysignedonasthefirstexternalpublishingpartner.FoxCorp.’sdedicatedzk-poweredL2chainbuiltusingPolygonCDK,withGelatoastheRaaSimplementationproviderTheplatformallowscompaniestoregistertheircontent,grantusagerightstoAIplatforms,andequipconsumerswithtoolstoverifytheoriginofinformationtheyencounter.Thisresultsinbenefitsforbothpublishersandconsumers.Forpublishingfirms,Verifygrantsthemtheabilitytolicenseandtrackcontentusage.Thisensurestheyreceivepropercompensationwhilemaintainingcontrolovertheirworkdistribution.ConsumerscanleverageVerifytoconfirmtheoriginofthecontent,empoweringthemtomakeinformeddecisions.Thisisparticularlyimportantinaworldwithwidespreadmisinformation.Moreover,AIdevelopersrelyingonlicensedcontentcannowleverageVerifyL2toensuretrustworthyinformationfuelingtheircreations.ThisbuildsconsumerconfidenceinAI-poweredapplications.ThetechnicalbackboneofVerifyL2isapowerfulcombinationofGelatoRaaSandPolygon’sCDK.ThiscombinationprovidesthefoundationforVerify’sL2chain,enablingnear-instantaneoustransactionfinalityandultra-lowfees.Verifyboastsablocktimeofapproximately7secondsandatransactionprocessingspeedof2,500TransactionsPerSecond(TPS).Also,costsarekeptatjust$0.02pertransaction,makingtheplatformaccessibletoawiderrangeofusers.Additionally,theplatformoffersscalability,allowingittohandlemillionsofusersseamlessly.Overall,thefutureofcontentcreationlooksbrightwiththecombinedforcesofGelato,Polygon,andcompanieslikeFoxandTIME.Polygon’sDominanceinBlockchainIntegrationsPolygonhasbecomeablockchainofchoiceformanydevelopersbuildingsecureandscalableZkLayer2networks.Forinstance,Ternoa,aprominentblockchainplayer,recentlyannouncedzkEVM+,asecureandprivacy-focusedLayer2solutionbuiltusingPolygonCDK.Thisfollowstheirsuccessfullaunchofadecentralizedprivacystackin2023,aspreviouslyreportedbyCryptoNewsFlash.Additionally,ArcanaNetworkisleveragingPolygonCDKtoenhancethedecentralizationofitsweb3products.ThenetworkwillusethePolygonCDKtoenhanceitsArcanaValidiumprotocol,citingearlierstatementsfromCryptoNewsFlash.WiththerecentlaunchofpessimisticproofsutilizingSP1,aleadingzkVMsolution,Polygonisfurthersolidifyingitspositionasaleaderinblockchaininteroperability.DespitepositivedevelopmentinthePolygonecosystem,MATIC,thenativetoken,seemstobeinatradingdownturn.Atpresstime,MATICistradingat$0.5537,demonstratinga2.3%decreaseinthepastday,perdatafromMarketCap.Thetradingvolumedecreasedby33%to$181million,whilethemarketcapisat$5.4billion.
The above is the detailed content of Fox Corporation Launches Verify, Its First Enterprise Layer-2 Solution, in Partnership with the Polygon Blockchain. For more information, please follow other related articles on the PHP Chinese website!
