Nodle Grants Berty Foundation $1M in Nodle Cash to Boost Development of Messaging Bluetooth P2P Capabilities
Nodle, a project that is building the largest decentralized wireless network on Earth to connect objects and sensors that could never be connected before in a secure, low-cost and eco-friendly manner, has granted privacy communication protocol Berty Foundation $1 million in Nodle Cash.
According to the company, the funds will be used to boost the development of its messaging Bluetooth peer-to-peer capabilities. In particular, Berty will work on the development and advancement of its platform, which focuses on providing users with privacy when they chat and send messages across its network.
The platform, which was launched in 2018, emerges as an alternative to traditional instant messaging platforms because it provides privacy-first solutions.
Per the description available on the website, Berty offers users with a privacy-by-default platform ensuring the messages’ security and privacy remain paramount to all users.
Micha Benoliel, CEO and co-founder of Nodle, said on the platform:
“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.”
It is important to note that the company does not store any of users’ data on a central server. Instead, it stores it on a decentralized platform in spite of data encryption. On top of that, only the needed metadata is actually collected, which means that the company minimizes the collection in an attempt to create a messaging service that guarantees anonymity and confidentiality.
The grant received from Nodle will allow Berty to speed up the development of its privacy communication protocol.