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Dapp for Diem blockchain companions with Polkadot infrastructure supplier

07/16/2021

Pontem founder Boris Povod mentioned the partnership was geared toward enhancing Polkadot’s present node infrastructure, with Pinknode offering “dependable and safe API endpoints.”

The decentralized software aiming to attach Fb’s Diem blockchain with public networks is partnering with node infrastructure supplier Pinknode.

In a Friday announcement, the Pontem Community mentioned it will be working with Pinknode to offer node infrastructure by way of the Polkadot ecosystem. The community is geared toward permitting builders to make use of a Polkadot parachain as a testing floor for his or her concepts earlier than submitting them to the Diem blockchain.

In accordance with Pontem founder Boris Povod, the partnership will assist enhance Polkadot’s present infrastructure as Pinknode offers “dependable and safe API endpoints.” The community added that Pinknode’s code would enable Polkadot builders to attach their dApps by way of Kusama, whereas Pontem and Pinknodes groups may present “essential infrastructure for Net 3.0 functions.”

Associated: Polkadot launches DeFi alliance with Chainlink and can let 1000 nodes bloom

Final month, Pontem raised $4.5 million in seed investments for the undertaking to permit interoperable options developed in its ecosystem to be accessible by way of the Diem blockchain. The undertaking additionally not too long ago employed new workers, together with former BlockFi worker Alejo Pinto for the function of chief progress officer.

Many stories have acknowledged that the Fb-backed undertaking is planning to launch its Diem stablecoin pilot program someday in 2021. The undertaking was first launched by Fb in 2019 as Libra, however rapidly confronted backlash from worldwide regulators. It was rebranded to Diem the next 12 months.