#Mainnet2021 NYC —“Polkadot: Bridging Crypto to the Real World, One Chain At a Time.” Nodle’s Session Video & Summary

Polkadot is the solution for this lack of interoperability between protocols.

Ken gave an extremely insightful example of this when he said:

Polkadot has upgraded the chain 25 times since launch and it’s only been launched for around a year, each one of these updates would have been of the scale that would require Ethereum to potentially fork the network.

Jay agreed that for Nodle, the advantage of building on Polkadot is not so much about speed as about the flexibility of adding upgrades. Ken said that in his view one of the major advantages of creating applications on Polkadot is backwards compatibility with all. He said due to this, “the speed at which change can happen is likely to be orders of magnitude faster than in other environments.”

“Nodle can unlock an immense amount of economic and societal value.”

Ken added on to this noting that the way telecommunications networks are built today requires expensive equipment and infrastructure that cannot support connecting trillions of devices due to the cost. He explained Nodle’s mission by saying,

We’re moving toward a future where a shipment can reach its destination, be verified on the blockchain, and the payment for that shipment can be sent through a smart contract instantly.

This not only changes things from a payment perspective but even changes the types of jobs that will be required to facilitate these transactions. The speed and efficiency will be an order of magnitude higher than it currently is today.

Jay Goldberg describes how anyone could be empowered to own their own network of weather stations.

A traditional system like this would cost billions of dollars and be very centralized compared to being built on Nodle.

Ken noted that this would materially change climate and crop insurance. He said that the speed at which these changes will be able to be deployed will be much faster than the internet precisely because of the infrastructure already built out by the internet.

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Nodle allows anyone to earn NODL crypto on their smartphone for free. D/L Nodle.com/cash app to help build the future of the crowdsourced decentralized network.

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Nodle allows anyone to earn NODL crypto on their smartphone for free. D/L Nodle.com/cash app to help build the future of the crowdsourced decentralized network.

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