⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

Nodle Fosters Private Messaging With a $1 Million Grant To Berty Foundation

Published 10/13/2021, 09:00 AM
Nodle Fosters Private Messaging With a $1 Million Grant To Berty Foundation

  • Nodle gives $1 million in Nodle to Berty Foundation.
  • The grant is a nod in support of more secure and private messaging.
  • Berty Technologies targets a world where people can connect for free.

World largest decentralized wireless network — Nodle awards Berty Foundation $1 million in Nodle Cash. The San Francisco-based firm gives the non-profit organization the grant due to its plan to foster the growth of its messaging Bluetooth peer-to-peer facilities.

The French non-governmental and non-profit start-up firm, Berty Foundation, has been charged to advance and develop its platform with the fund. Since it prioritizes users’ privacy while chatting and sending messages across its network, the $1 million in Nodle will even aid to enhance it more.

Specifically, Berty provides its users a substitute to instant messaging platforms using the decentralized storage system. Thereby, offering the first privacy solution in the messaging world. Since its inception in 2018, Berty has delivered a privacy-by-default platform. In this sense, the platform ensures that messages are secured and private with the best encryption protocol available.

Nodle CEO and Co-Founder speaks regarding the grant,

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.

Clearly, Nodle chose Berty platform because of its stance on privacy and security. Plus, Berty’s work model aligns with theirs. For that reason, the Bluetooth Low Energy (BLE) network connecting millions of Internet of Things (IoT) will kick off the development of Berty’s privacy communication protocol. In the same vein, any existing BLE device or sensor can easily leverage the network.

Additionally, Nodle permits anyone with a smartphone to join the network and earn Nodle Cash crypto in its Nodle Cash app. Likewise, developers and publishers of mobile apps can as well monetize their apps. They can do so by installing the Nodle networking library.

Expressing their delight for the Nodle grant, Berty Foundation says,

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.

More than that, Berty Technologies targets to achieve its plan of creating secure communication tools. Including, combating censorship to create an opportunity to connect free with people all over the world.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.