Marc Boiron, CEO of Polygon Labs, highlighted how blockchain is transforming industries during an interview on TheStreet Crypto Roundtable. He discussed Polymarket, a prediction market empowering users to bet on real-world events, and JioSphere, a new browser by Jio Platforms that rewards users with cryptocurrency for viewing ads. Boiron noted that this approach creates a user-centric advertising model. He believes blockchain also enhances the integrity of online reviews by removing manipulation, as traditional systems are vulnerable to edits and deletions based on company preferences.
Polymarket is one that really stands out, referring to the prediction market built on Polygon, where users can bet on real-world events ranging from elections to sports.
For anyone in India, what they actually know is that Reliance is kind of the Google of India, it's massive, and they had this browser called JioSphere.
A great use case of something where you can say, 'Hey, my time's actually being taken up, my data is being acquired and I'm going to pay you for it.'
If you think of reviews today, what they are is they're on a centralized database that can be gamed.
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