Nodle, a connectivity provider for the Internet of Things just announced the launch of its mobile application, Nodle, made exclusively available now for HTC Exodus users. Once users launch the app, they will be directly rewarded for participating in the Nodle Network.
The Nodle app connects and collects data from IoT devices like environmental sensors, BLE tags, cars, bikes and scooters. The company has built a robust Bluetooth Low Energy-powered network to help companies and cities connect and collect data from their devices, sensors and tags.
Micha Benoliel, Nodle co-founder, mentions that “Any individual can be directly rewarded for the work performed using their smartphones resources. This is made possible using the Stellar blockchain and HTC Exodus secure hardware module on the phone and the Zion Wallet.”
The Nodle Network has been built to empower individuals and create atomistic competition. Every smartphone owner has the opportunity to participate. All that is required is a smartphone and a mobile application. No special investment, knowledge or skill is necessary.
Once a user has joined the community and their mobile application has launched, they can automatically participate in the Nodle Network. This participation is called “proof of connectivity”. Every rewarded coin has been minted. A summary of the proof of work is stored on InterPlanetary File System (IPFS), and is attached to the minted coin on the blockchain via a link.
Phil Chen, Decentralized Chief Officer at HTC Exodus, said “ Nodle offers Exodus users cryptocurrency in exchange for moving IoT and sensors data. There is no other app on the market that allows users to easily earn cryptocurrency in exchange for connectivity. The provision of the Nodle, Get Crypto app on an HTC Exodus device ultimately empowers individuals and takes us closer to realize our vision to rebuild the internet in favor of end users.”
The Nodle app will be preinstalled on the HTC Exodus phone. Users can start earning NODL coins in minutes from launching the app.
The NODL coin is built on top of the Stellar blockchain. The Nodle team and the Exodus team worked closely to add the Stellar blockchain support to the Zion hardware wallet.
About the Stellar blockchain and ecosystem, Micha Benoliel, Nodle co-founder, mentions that “Stellar enables us to deploy complex smart contracts with simple atomic operations, providing an efficient payment platform that is interoperable with the traditional fiat world. That makes it a perfect fit for Nodle.”