Advertisement
AD

Main navigation

Nodle Decentralized Wireless Protocol Supports Berty Foundation with $1 Million Grant in Nodle Cash

Advertisement
Wed, 13/10/2021 - 15:39
Nodle Decentralized Wireless Protocol Supports Berty Foundation with $1 Million Grant in Nodle Cash
Cover image via stock.adobe.com
Read U.TODAY on
Google News
Contents
Advertisement

The grant is set to support the well-known non-profit in developing a next-gen privacy-focused messaging application. It replaces a centralized server with peer-to-peer infrastructure and, therefore, does not store user messages and data.

Berty Foundation receives $1 million in Nodle Cash from Nodle

According to a press release shared with U.Today, Nodle Network, a decentralized privacy-by-default messaging protocol, shares the name of the recipient of its $1 million grant.

Nodle Network supports Berty Foundation with $1M grant
Image by Nodle Network

This massive funding will be received by Berty Foundation, a French-based nonprofit that addresses the sphere of server-less encrypted messaging.

Berty's own communication protocol will boast numerous instruments, including privacy-focused groups, messaging apps and social networks. Berty will collect only necessary metadata, so it minimizes "data harvesting."

Micha Benoliel, CEO and co-founder of Nodle, stresses the importance of this funding for the entire Web3 segment and its technological progress:

We are thrilled to help and support the Berty Foundation to advance its privacy-first communication protocol. Privacy is at the heart of the Web 3.0 revolution and one of the core values of Nodle.

Leveraging blockchain power in IoT: What is Nodle?

In their statement, Berty Foundation representatives added that, with fresh funding, they will be able to boost research and development to accomplish all milestones mentioned in their roadmap:

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.

The entire sum of the grant will be transferred to the Berty Foundation in Nodle Cash through its patented Nodle App wallet.

Nodle Network develops a protocol for IoT based on Bluetooth Low Energy standard (BLE).

Related
Nodle Network Makes Foray into E-Sports with ESTV Partnership

As covered by U.Today previously, in 2021, Nodle Network increased its bet on e-sports as it inked a long-term partnership with ESTV sports streaming platform.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD