Pontem Detailed Financial Infrastructure For The Metaverse

Published on: 09.10.2021

Pontem Explained Why They’re Building Financial Infrastructure for the Metaverse.

Why Pontem?

The metaverse will provide financial opportunities for those previously excluded from the global economy, making the vision of a financially inclusive reality real.

About Diem

Diem is financial infrastructure developed to sustain the billions of people on the Facebook metaverse.

The Diem Blockchain is built on the Move open source language, which was purpose-built for blockchains using the popular Rust language that is rapidly replacing C++ as industry standard in system-level languages. Move is built with safety measures in place to avoid pitfalls inherent in other blockchain languages such as Solidity. With an architecture for smart contracts, similar to object oriented programming, it is also flexible enough to abstract away complex logic into composable building blocks.

About Pontem

Pontem is an incentivized testnet for Diem.

Diem is blockchain infrastructure for the financial inclusion of Facebook’s 2.8 billion daily active users.

Pontem Network cost efficiently maintains Diem interoperability with decentralized applications. Pontem enables product testing in an internationally regulated market through a compliance tooling dev platform to streamline

➡️Source:
https://pontem.network/posts/why-were-building-financial-infrastructure-for-the-metaverse

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