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26 July 2021

Pontem to Use Polkadot to Connect Diem and DeFi | Crypto Briefing

Pontem to Use Polkadot to Connect Diem and DeFi | Crypto Briefing


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The partnership will let Pontemdeploy an experimental test network for Facebook’s Diem blockchain, formerly known as Libra.

Due to deploying the nodes and API endpoints, Pontem will help developers interested in Diem test new features in the Polkadot ecosystem before directly submitting them to Diem

Through Polkadot’s interoperable network, Pontem also plans to build a bridge that connects the Diem blockchain with Ethereum, the network that underpins the burgeoning decentralized finance space and contains more than $55 billion in total value locked

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