As technology advances, mobile phones have evolved from simple devices to powerful tools on which we rely in many aspects of our lives. We now use smartphones to do everything from staying in touch with friends and family to managing our finances and accessing various forms of entertainment. However, did you know that your smartphone can also be used to create an internet of things (IoT) network of connected devices? This is where Nodle comes in.
What is Nodle?
Before going any further, it is first important to understand what Nodle is. Nodle may best be understood as a connectivity platform that focuses on developing IoT solutions. The platform enables the development of large-scale, low-cost IoT networks based on existing infrastructure, such as smartphones and other connected devices. Nodle’s ultimate objective involves making IoT technology more accessible and affordable for both businesses and individuals.
Nodle realized that smartphones are capable of being utilized to build IoT network of nodes. Basically, this means that your smartphone can be used to connect other devices to the cloud, like sensors or appliances. Nodle has therefore created a platform centered on this idea, allowing users to build their own decentralized IoT networks using their smartphones.
How would this work?
The Nodle platform enables smartphones to function as ‘nodes’ in of the network. These nodes communicate with other devices and send data to the cloud, which in turn enables the development of a massive network of interconnected devices that may be utilized in a variety of applications and practical use cases. Nodle is used in tandem with Bluetooth technology to help identify and locate stolen cars.
One of the most significant advantages of using smartphones as nodes in an IoT network is that it can be extremely cost-effective. Users can create a network of connected devices without investing in expensive hardware by simply using their existing smartphones. This greatly simplifies the process by which businesses and individuals can experiment with IoT technology and develop new applications.
The implementation of Smart Missions
Smart Missions are an innovative way to program the Nodle Network and support new use cases while rewarding participants. One such use case is that of incentivized remote asset monitoring solutions that use IoT technology to allow businesses to track their assets in real-time from anywhere. Another notable use case was the Nodle app being used in tandem with Bluetooth technology to find stolen vehicles. In this use case, the Bluetooth identifiers in Nodle-connected smartphones were utilized to track down the cars. By completing these missions, which can also be as simple as taking a photo, rewards are distributed in the form of NODL, the platform’s native cryptocurrency.
Furthermore, the chain code of every Smart Mission must show a set of functions and storage values which Node Operators can then utilize to ascertain which Smart Mission to execute and that the Nodle App can use in order to accurately identify each Smart Mission.
In the future, Nodle plans to bring Smart Mission developers onto the network to launch Smart Missions and dApps. The social layer of the Nodle App has also been improved upon thanks to the addition of digital community-based features like those pertaining to NFTs, a marketplace, instant communication abilities, Proof of Participation, and more. Nodle will also keep improving the utility SDK, allowing partners to have proprietary in-app NFT minting features as well.
Are there any disadvantages to this?
Naturally, there are some drawbacks to using smartphones in this manner. For example, battery life can be an issue because constantly transmitting data can quickly drain a phone’s battery. There are also security concerns to consider, as IoT networks are susceptible to computer hacking and other forms of cyber attacks.
Despite these challenges, the use of smartphones as IoT network nodes holds a lot of promise. It has the potential to revolutionize the way we connect and interact with the world around us if the proper infrastructure and security measures are in place. Going forward, we can expect even more exciting developments in the world of IoT as Nodle continues to develop its platform and explore new applications for this emerging technology.
Ultimately, is Nodle worth it?
There are so many platforms and initiatives these days that it’s hard to keep track of them all and, more importantly, know which ones are worth it. With that being said, Nodle has already achieved a lot. With over 2 million DOTs staked and 8,000 contributors, the company gathered $42 million USD through a crowd loan (the contributors will get their funds back next year once the Parachain slot expires, the team also does not have access to these funds), acquiring the 11th Polkadot parachain slot. Nodle also successfully switched its Blockchain to the Polkadot network, which improved safety and decentralization. In addition, the company published a comprehensive roadmap highlighting the network’s future value. Nodle has 712,778 token holders, making it the ecosystem’s third largest. The native token of the company, NODL, was listed on 7 exchanges and entered the Brazilian market in 2022. The company also introduced an NFT feature on the Nodle App.
With its innovative connectivity solutions, Nodle is revolutionizing the way we approach the internet of things (IoT). Whether you’re a business looking to monitor your assets remotely, or an individual interested in exploring the possibilities of IoT, Nodle has something to offer. With a successful track record and a roadmap for continued growth and development, Nodle is poised to become a leader in the IoT space. With its cost-effective solutions and user-friendly platform, users will be able to unlock the full potential of IoT and take their business or personal projects to the next level.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.