Jayanti Kanani Resigns From Polygon Operational Role

Jayanti Kanani resigned from her position at Polygon MATIC. (Photo; Doc. TheLogicallyIn)

JAKARTA - Jayanti Kanani, one of the pioneers behind Polygon's success (MATIC), has announced her resignation from the company's daily operational role. This announcement was made through social media platform X (formerly Twitter) with wise words.

"I started Polygon in 2017, and about 6 months ago, I decided to step down from everyday busyness... I am more confident in the bright future of Polygon and the enthusiastic community. I will focus on a new adventure while remaining supportive and contributing to Polygon from the sidelines," Kanani said.

Sandeep Nailwal, co-founder of Polygon, responded to Kanani's departure with feelings of 'emotional' but he also expressed his good hopes for his colleagues, saying, "Let's continue to push Polygon forward together, inside or outside the Polygonlabs, no problem."

The year 2023 is an important year for Polygon, with some significant development. One of its biggest announcements is Polygon 2.0, which is a substantial improvement of the previous version. This is expected to bring infinite scalability and integrated liquidity into the network.

In addition, 2023 also witnessed the open-sourcing Web3 ID Polygon. This step allows developers to use knowledgeless evidence to manage user credentials and identities personally. This device has wide application potential in sectors such as KYC verification, e-commerce, and DAO administration.

Partnerships With Google Cloud And Regulatory Challenges

Polygon has also increased its platform's security and trust by including Google Cloud as a validator in the proof-of-stake network. The participation of infrastructure that supports YouTube and Gmail provides additional layers of security on the Polygon network.

However, not all went smoothly for Polygon in 2023. The SEC's accusations against Coinbase for security breaches include Polygon as one of the crypto tokens deemed unregistered securities. Although Polygon Labs was not involved in the case, the challenge of this regulation is an obstacle that the company must face.

Despite this, Jayanti Kanani's departure highlighted Polygon's great achievements in facing various obstacles and changes in the crypto world. Polygon remains one of the successful actors in the web3 ecosystem, while still undergoing a complex journey amid regulatory challenges that increasingly affect the crypto industry.