Polygon is set to revolutionize the way the European data economy is conducted. It is currently envisioned, with the beginning point being that all users will be absolutely capable of being completely in charge of all of their existing and contained data.
This will be in reference to the global data economy. In this scenario, there will be no need for any third or independent dependable party in the case of any transactions and interactions between any individuals. All of these efforts will contribute to the transformation of the European data economy. In addition, it will travel beyond that distance.
Polygon is solely responsible for the development of Gaia-X, which is a community-driven and -propelled initiative based in Europe. The construction of a cutting-edge, decentralized, and interoperable data system is the primary emphasis of this initiative. A further condition for it was that it needed to be in agreement with the fundamental ideals that were established by the community that was based in Europe.
These particular principles, which are, in reality, firmly established, are founded on elements including complete transparency, adaptability, and openness, among other things. However, the most important thing that needed to be taken into account was making sure that all aspects of safety and security were covered. The year 2019 marked the beginning of work on this project.