Pontem Has Partners With DAI
Pontem introduces partnership with DIA (Decentralised Information Asset).
This integration will allow users to access DIA oracle data including price feeds for popular assets like BTC, ETH, and more. The oracles will also deliver on-chain data from other parachains that DIA is integrated with, such as Moonbeam and Acala.
This partnership is the latest step Pontem has taken into developing their canary network on the Kusama blockchain. The project recently announced their Pontem Nox token generation event, a crowdloan on the Kusama network meant to help the project win a parachain slot auction. With a parachain on Kusama, developers can test their designs and code in real economic conditions before shipping them to the Pontem Network on Polkadot.
The Pontem Network on Polkadot is built with a similar codebase to the Meta (Facebook) backed Diem blockchain, and aims to be a canary network for the Diem network where users can build, test, and deploy their own d Apps on the Polkadot network before migrating the the Diem blockchain. With the Nox network on Kusama, Pontem is creating its very own canary network where developers can test features and integrate regulatory compliance under real economic conditions before shipping to Pontem on Polkadot.
About DAI
DIA (Decentralised Information Asset) is an open-source financial information platform that utilizes crypto-economic incentives to source and validate data. Market actors can source, supply, use, and share financial and digital asset data. DIA provides custom tailored data feeds that can source both on- and off-chain data that can be on any blockchain. DIA’s data sources and methodologies are transparent and publicly accessible for everyone.
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
