Today, more than ever, we are standing on the divide between two crypto worlds — the regulated and the unregulated. While the unregulated world grew rapidly, often chaotically, the regulated one has always been a kind of a closed garden, available only to the chosen ones. This has led to segregation in the society that hasn’t yet been addressed, with those who are able to enjoy the benefits of the blockchain world being able to utilize it to the fullest, and those who do not have the means to are locked in the closed garden.
We decided to change this one and for all by launching Pontem, a place where the regulated world meets the unregulated.
What is Pontem?
Pontem is a bridge between the regulated and unregulated worlds that will allow exchanging value between the two. It is backed by Wings Foundation, a Swiss-based non-profit foundation established in 2016.
What Pontem does is connect Diem and the decentralized world, including traditional crypto markets. The network will help Diem users get access to all the use-cases provided by the unregulated society, such as financial instruments, security tools, and even games.
How exactly does it work?
The Bridge between Diem and the Pontem network will be a standard PegZone.
We keep our road to become one of Polkadot Parachains supporting Move VM and Move Language. This Parachain will be connected to other ones by means of Relay Chain, which will unite the Polkadot ecosystem and Pontem Parachain. This will allow more Parachains to interact with the Pontem Network.
Pontem Network is a solution that will answer the demand of different markets and individuals. Many crypto-developers are interested in using the Move VM. The reasons for this are its high security and the emerging markets that will grow as soon as cryptographic and non-cryptographic users are united.
We use the developments and expertise of the Dfinance team, who were the first to integrate the Move VM into existing blockchains when working on the Dfinance platform.
We believe that all of these factors will allow Pontem to find supporters and grow the Network in the years and years to come. Stay tuned and become a part of the future today!