{"id":6275,"date":"2021-07-16T18:35:24","date_gmt":"2021-07-16T17:35:24","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=6275"},"modified":"2021-07-16T18:35:31","modified_gmt":"2021-07-16T17:35:31","slug":"polkadot-partners-with-diem-blockchain-app","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/polkadot-partners-with-diem-blockchain-app\/","title":{"rendered":"Polkadot partners with Diem blockchain app"},"content":{"rendered":"\n
The cooperation, according to Pontem CEO Boris Povod, aims to improve Polkadot's<\/a> current node infrastructure, with Pinknode delivering “reliable and secure API endpoints.”<\/h5>\n\n\n\n
\"Polkadot<\/figure>\n\n\n\n

A partnership between Pinknode, a provider of node infrastructure, and the decentralised application attempting to connect Facebook's Diem blockchain\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> with public networks has been announced.<\/p>\n\n\n\n

Announcing its partnership with Pinknode on Friday, the Pontem Network stated that it would supply node infrastructure through the Polkadot ecosystem. Ultimately, the network aspires to provide developers with the ability to test their ideas on a Polkadot parachain before submitting them to the Diem blockchain<\/a>.<\/p>\n\n\n\n

According to Boris Povod, the creator of Pontem, the relationship will aid in the improvement of Polkadot's present infrastructure because Pinknode delivers “reliable and secure API endpoints.” Polkadot developers would be able to connect their dApps through Kusama thanks to Pinknode's technology, according to the network, while the Pontem and Pinknodes teams would be able to provide “critical infrastructure for Web 3.0 purposes.”<\/p>\n\n\n\n

Pontem raised $4.5 million in seed investments last month for its ambition to make interoperable features developed in its ecosystem accessible through the Diem blockchain, which will be released later this year. The initiative has also recently employed new employees, including Alejo Pinto, a former BlockFi employee who has been appointed to the position of chief growth officer.<\/p>\n\n\n\n

Many sources have suggested that the Facebook-backed initiative intends to begin its Diem stablecoin<\/a> pilot programme sometime in 2021, according to the latest information available. The idea, originally known as Libra, was first announced by Facebook in 2019 but was swiftly met with opposition from international regulators. Diem was the name of the company that was established the next year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The cooperation, according to Pontem CEO Boris Povod, aims to improve Polkadot’s current node infrastructure, with Pinknode delivering “reliable and secure API endpoints.” A partnership between Pinknode, a provider of node infrastructure, and the decentralised application attempting to connect Facebook’s Diem blockchain with public networks has been announced. Announcing its partnership with Pinknode on Friday, […]<\/p>\n","protected":false},"author":13,"featured_media":6276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81,130,26,21],"tags":[202,1553,487,1531],"class_list":["post-6275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","category-blockchain-news","category-cryptocurrencies","category-news","tag-blockchain","tag-blockfi","tag-polkadot","tag-stablecoin"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/image-168.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/6275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=6275"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/6275\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/6276"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=6275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=6275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=6275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}