Singapore – August 1, 2023 – Moonbeam, the top destination for multi-chain applications on Polkadot, has announced an XCM integration with Nodle Network which brings the NODL token to Moonbeam. This integration will enable the flow of liquidity between the Moonbeam and Nodle networks inside of Polkadot, and remote chains via Moonbeam’s connected contracts.
The Nodle Network is a decentralized communications network for Internet of Things (loT) devices. The network is deployed via the addition of software running on wireless devices such as smartphones, routers, fixed base stations, drones, vehicles, and other connected devices. Through an economy of connectivity and decentralized infrastructure, the Nodle Polkadot parachain provides a low cost, global, scalable connectivity solution enabling many services to be built on top of the Network. Nodle offers an app for easy set-up, and their platform is available for both iOS and Android devices for use cases such as certifying real-world data for location based businesses, like locating a stolen car.
Moonbeam focuses on providing advanced interoperability capabilities and EVM compatibility to developers while Nodle brings a unique approach by enabling web assembly (Wasm) code to run on smartphones, bridging the gap between blockchain technology and real-world data. This integration has potential to allow developers on Moonbeam to build dApps that can access smartphone nodes and collect and use real world data from sensors like cameras, GPS, and more.
This collaboration not only enhances the capabilities of both projects individually but also contributes to the overall growth and adoption of blockchain technology and Web3 solutions. Find out more about Moonbeam’s unique interoperability features like Moonbeam Routed Liquidity that help enhance the native capabilities of the Polkadot ecosystem.
About the Moonbeam Network
Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot, and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.