Polygon,Hedera,TRON See Large-Scale Adoption From Countries; Here’s How They Are Being Utilized

Last year, El Salvador made history by becoming the first country in the world to use Bitcoin as a legal tender. Over a year after, the cryptocurrency industry has made remarkable strides, with several countries opening up to blockchain and a few even declaring cryptocurrency as legal tender. In the week, Hedera, Polygon, and Tron saw positive news heralding large-scale adoption in various countries.

Polygon (MATIC)
The police in the Firozabad area which is in Uttar Pradesh, the most populous state in India, has announced a project to post public complaints on a blockchain.

The project is the first of its sort in India and is powered by the layer two scaling platform Polygon. Users of the “police complaint on blockchain” service will not be charged to submit complaints or grievances, and it supports both Hindi and English. The status of the case may be checked, the assigned officer can be identified, and alerts can be sent regarding the development of a complaint.

According to a local news story, similar projects are planned for other Indian states such as Delhi, West Bengal, Assam, and Chhattisgarh. Officials in India have also issued  “caste certificates” on Polygon to up to 65,000 tribal members in a remote region in an attempt to stop fraudulent claims on government benefits for the disadvantaged.

Hedera(HBAR)
The Dubai International Financial Centre (DIFC) Courts has launched a global digital vault called Tejouri which utilizes Hedera DLT to provide proof of ownership to users’ data stored in the secure and private cloud.
This unique platform functions simultaneously as a cloud vault and an online safe for data.

The vault enables the upload and secure storage of documents ranging from insurance contracts, title deeds, wills, and financial certificates, to images and multimedia files, and can be utilized by all individuals globally.
Tejouri ensures the transmission of an entire portfolio to designated stakeholders at a key time.

Access to all data is restricted to the ‘vault holder’ and the listed intended recipients, guaranteeing zero-knowledge-proof privacy principles.

Tron (TRX)
Leading blockchain network Tron has signed a deal with the Dominican government to legalize Tron
native tokens as digital currencies on the Caribbean island. Justin Sun, the founder of Tron, announced the achievement on October 12 by saying that Dominica now accepts TRX, BTT, JST, NFT, USDD, USDT, and TUSD as the medium of exchange.

Following the crypto regulation of the government, Tron is currently recognized as a legal tender in the country. According to the administration, tax payments made in native tokens of the blockchain would be accepted. Additionally, companies are encouraged to pay for their services with native Tron tokens.

The government also stated that trades between Tron cryptocurrency and the East Caribbean Dollar (XCD) will not be subject to capital gains tax. Tron will release a fan token known as “Dominica Coin” as part of the Dominican Republic’s ambition to incorporate blockchain technology into its economy. This will be distributed to advertise Dominica’s tourist destinations and natural heritage.

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