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Nodle utilizes smartphones as edge nodes to connect the physical world to Web3. These edge nodes leverage Bluetooth Low Energy (BLE) to read devices and sensors in the physical world and transmit this data to the blockchain. This creates a geolocation-based layer one that is suitable for various applications designed for our hyper-connected, mobile-centric world, such as real-time asset tracking. Nodle's approach ensures a secure, private, and scalable economic model.
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What is the description of Nodle Network?
Nodle Network is a platform that connects the physical world to Web3 by utilizing smartphones as edge nodes. These edge nodes utilize Bluetooth Low Energy (BLE) to read devices and sensors in the physical world and connect this information to the blockchain. This creates a geolocation-based layer one that can be utilized by various applications designed for our hyper-connected, mobile-oriented world. One of the applications includes real-time asset tracking. Nodle Network ensures a secure, private, and scalable economic model. Anyone with a smartphone can join the network and earn Nodle Cash tokens ($NODL).
What is Nodle Cash ($NODL)?
Nodle Cash is the native token of the Nodle Network. It serves as a utility and governance token distributed to the participants of the Nodle Network by the Nodle Chain, which is Polkadot's 11th Parachain powering the Nodle Network. Nodle Cash is used to settle network incentives and contracts, as well as to run upcoming decentralized applications built on the Network. The Nodle Chain is built with the Parity Substrate framework and is available under an open-source license.
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