Announced recently, the $40bln market cap multinational IT corporation from India, Infosys is joining Matic Network as DApp partner Validator.
Infosys to Run Matic Network Validator Node
Infosys is the largest Indian tech giant which became the first IT company from country to be listed on NASDAQ (NYSE: INFY). Matic, which is India’s homegrown public blockchain network, offering Layer 2 scaling solutions stated that Infosys joining Matic Network as an early validator is a part of their wide collaborative effort. That being said, Infosys will be playing a pivotal role ‘to validate transactions on Matic’, ensuring that the network becomes more secure for the DApps ecosystem’.
Speaking about the collaboration, Sandeep Nailwal, COO & Co0founder, Matic-Network stated that they are ‘extremely proud to welcome Infosys as a network validator’, adding;
We couldn’t be more thrilled to be working with the iconic institution to make an impact in the new decentralized world order, said, Mr.Nailwal.
Per the official announcement, enterprise collaboration with Infosys is only a beginning for Matic Netowork, as they noted;
The backing of Matic by Infosys is a testament to the growing recognition by large enterprises of our value in the blockchain revolution.
Nevertheless, Matic with its continuous collaboration is aiming to be the fastest-growing DApp platform in the space. On the other side, Matic has tapped a new milestone following the token listing announcement from Binance America this month.
More so, Matic along with Harmony protocol and Aeternity blockchain has also been known to partner with the blockchain Accelerator program, T-Block Accelerator. It's worth noting that the T-Block Accelerator is backed by India’s tech giant, Tech Mahindra, and Telangana Government. Telangana is a state in southern India which aims at making itself the ‘Blockchain Capital of the World’.
Image Source - Matic Official Blog
