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Author Topic: Decentralized IoT Network Nodle Grants $1 Million to Private Messaging Project..  (Read 661 times)

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Nodle announces $1 million grant to support private messaging project Berty
Nodle, a project that rewards users in cryptocurrency for maintaining a decentralized wireless network, is grant $1 million to Berty Foundation, a non-profit organization working on a privacy-focused communication protocol. The aim of the grant is to accelerate the Berty Foundation’s development of Bluetooth-based peer-to-peer messaging capabilities.

Berty is working on a secure messaging application that will allow users to communicate privately even if they don’t have access to the internet or cellular data. When using Berty, users can communicate over the Bluetooth Low Energy (BLE) wireless standard. Berty is censorship-resistant and built on the IPFS peer-to-peer protocol.

Nodle’s $1 million grant to Berty will be paid in the form of Nodle Cash, the cryptocurrency that’s used to incentivize participants in Nodle’s network. IoT (Internet of Things) devices can connect to the internet via the Nodle network, which is maintained by smartphone users that run Nodle’s application. Nodle also provides a way for mobile app developers to monetize their apps by installing the Nodle networking library.

While the two projects are quite different, there’s also some overlap between Nodle and Berty. For example, the communication between the IoT devices themselves and the Nodle network participants happens through BLE, the same wireless standard used by Berty.

The Berty Foundation team says that Nodle’s $1 million grant will help ensure the future of the organization:

“Thanks to Nodle for their trust, this donation represents a real breakthrough for Berty. It will allow us to move forward more quickly on our new decentralized secure messaging protocol and the ability to communicate even without an Internet connection. More importantly, it will help secure the future of our organization.”

Nodle CEO Micha Benoliel said that privacy is a core value of Nodle, which inspired their decision to support the Berty Foundation and their efforts to provide full privacy to their users. Additionally, Nodle said in a press release that the two projects plan to collaborate with each other on the technology or ecosystem fronts in the future.source
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