NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

LABS Group Join Forces with Polygon to Improve Transaction Quality for Users on Ethereum

NewsBTC
NewsBTC
4 years ago
2 mins read
LABS, Polygon

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

As you’ve heard, two good heads are always better than one. LABS Group has taken a step towards success by deploying a smart contract on Polygon Network.

LABS Group is a real estate digitization ecosystem that comprises advisory crowdfunding and security exchange. Even though digitized investments have positive yields and capital appreciation, the obstacle has always been that the entry to these investments is very high. LABS Group aims to innovate ideas by digitizing and making real estate liquid and easy to be involved with.

LABS, having been built on the Ethereum platform, raised concerns in regard to the high gas fees in the network with its increasingly heavy traffic. This complication creates accessibility barriers and discourages transactions for its users.

Polygon’s integration with the LABS group provides a solution that will assure many users by allowing them to conduct transactions with fewer gas fees. With the implementation of this solution, LABS users can also process transactions faster now. The solution is accomplished by the Ethereum layer two scaling solution on the Polygon Network. Transactions that use the scaling solution only require verification of Polygon validators instead of the Ethereum blockchain, resulting in a more cost-effective and direct transaction. With lower transaction fees and higher transaction speed, this new collaboration between the two can surely impact not only the real estate investment industry but the blockchain industry as a whole as well.

Additionally, following the partnership, Polygon also hits two birds with one stone as they can gain more exposure and climb to the top of the cryptocurrency market by market capitalization — with developers and other users using its high-level services in the near future.

This partnership will surely bring both companies closer to mainstream adoption and achieve greater success in the industry together.

About LABS

LABS Group is an end-to-end real estate investment platform built on Ethereum. The idea of LABS is very simple, with just $100 a user can invest in any luxury resort of their choice. LABS is looking at a property class of activities where it is fully liquid.

LABS has sped up this digitization process and opened up the pool to investors to a wider retail audience. LABS offers all real estate developers a chance to enter this new market where it is possible for people who have never bought real estate before will be buying it. We are making the real estate industry available to everyone including everyday people.

About Polygon

Polygon is the first well-structured, easy to use for Ethereum scaling.  It is a modular framework of the previously Matic platform that effectively transforms Ethereum into a full-fledged multi-chain system(aka internet of blockchain).

Polygon supports the building of multiple applications because of its core component, Polygon SDK.

 

 

 

 

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

How to Compete When Finance Never Sleeps

Crypto’s 24/7 model is resetting investor expectations. Here’s what banks and exchanges must do to keep up. When Markets Never...

NewsBTC 1 week ago

MEXC Blocks $4.97M in Fraud and Recovers $902K in User Funds, New Report Reveals

Global crypto exchange MEXC said its insurance fund hit an all-time high of $559 million USDT in July, as the...

Mark Hampton 2 weeks ago

Lava Network’s RPC engine sets the infrastructure stablecoins need to scale

Stabelcoins and tokenized assets are quickly becoming the next frontier for payments and financial innovation, promising near-instant settlements, lower fees,...

NewsBTC 2 weeks ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak

Coinbase Reserves Hit $112B: Highest Level Since 2021 Market Peak

Sebastian Villafuerte 7 hours ago

MEXC Introduces Futures Earn: Idle Balances Can Now Generate Up to 15% While Staying Trade-Ready

Mark Hampton 2 days ago
Crypto

Can Europe’s Crypto Apps Win Over Binance Users? A Growing Comparison

PR Desk 1 week ago

Premium Sponsors

Press Releases

  • ドージコイン 今後 の価格予測:ETF発足で新たな成長ステージへ

    ドージコイン 今後...

    9 hours ago
  • リップル 今後の価格予測:現物ETF効果で4ドル到達を狙うXRP

    リップル...

    9 hours ago
  • 仮想通貨プレセール:専門家が次の有望ミームコイン候補を予測

    ...

    9 hours ago
  • 仮想通貨おすすめ:次のブルランでシバイヌを超える成長候補の4トークン

    ...

    9 hours ago
  • 新しい仮想通貨トレーディングボット、エコシステム大型アップグレード前にICOで400万ドル突破目前

    ...

    9 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.