Copyright 2022 PR Newswire. All Rights Reserved
2022-03-31

COLUMBIA, Md., March 31, 2022 /CNW/ — Joget Inc, the open source no-code/low-code application platform company for faster and simpler digital transformation, announced today that it was awarded funding through Cardano’s Catalyst Fund 7 for its top-voted proposal in the “Nation Building DApps” category, named “Accelerating Enterprise Adoption”. This was a joint proposal with Wada, an African blockchain awareness-building organization.

Cardano, home to the cryptocurrency ADA, is a public blockchain and decentralized application (DApp) platform. As part of the Catalyst Fund challenge, a fully-featured Coffee Traceability App was built in a record 4 days by just one developer. The app was later repurposed to meet the needs of the cocoa industry, and was subsequently demonstrated to some of the largest cocoa industry players in Ghana, the second-largest producer of cocoa in the world.

“We welcome all builders and innovators creating useful applications on the Cardano blockchain and are impressed by the growth of the ecosystem facilitated by community decision making and the decentralized governance of Project Catalyst,” said Kriss Baird, Product Owner of Input Output Global (IOG). 

Citizen Developers, typically business users with little coding experience, can now visually develop applications integrated with the Cardano blockchain using the recently released Cardano Blockchain Pack. Joget plans to use the fund to further enhance the development of the plugin and expand its capabilities with more advanced features. By integrating blockchain technology with a no-code/low-code application platform like Joget, organizations can rapidly kick start their digitalization journey while lowering the associated costs and risks. This helps to narrow the gap between traditional application development methodology and a modernized no-code/low-code approach. 

“We see blockchain as a critical component to the foundation of next-generation technological innovations, and we want to bring it to the masses with our no-code/low-code approach,” said Raveesh Dewan, CEO of Joget, Inc. “We are thankful to the Cardano Community and the Catalyst Fund team for believing in and supporting our approach.”

The Cardano Blockchain Pack is published on JogetOSS, an open source repository for the Joget platform, and a step-by-step tutorial is available on the Joget Knowledge Base.

About Joget, Inc. 
Joget, Inc is the developer of the Joget open source no-code/low-code application platform. Joget empowers business users, non-coders (Citizen Developers) or coders to create enterprise applications across industries and countries. With more than 200,000 downloads, 3,000 installations and 12,000 community users worldwide across various industries (including finance, manufacturing, IT, and more), Joget is a proven platform for a wide spectrum of organizations ranging from Fortune 500 companies to government agencies and small businesses.

Contacts 
Media Relations 
info@joget.com 
1.888.60J.OGET (1.888.605.6438)

View original content to download multimedia:https://www.prnewswire.com/news-releases/joget-awarded-funding-through-catalyst-fund-7-for-its-no-code-application-integration-with-the-cardano-blockchain-301515004.html

SOURCE Joget

AMSTERDAM, Feb. 21, 2022 /PRNewswire/ – NuNet’s proposal to create decentralized computing for Cardano staking pool operators is awarded $120,000 through community voting on Cardano’s Catalyst 7 fund round with over 198 million worth of ADA votes. With the approval, NuNet was awarded the second highest grant in USD value in Cardano’s Catalyst history.

NuNet will utilize the fund to develop a use-case integration of its decentralized computing framework that will let Cardano stake pool operators leverage community-provisioned hardware to run their block-producing nodes. As of now, Cardano’s stake pool operators rely heavily on servers controlled by big tech giants, and NuNet’s economy of decentralized computing will allow it to decrease that dependency.

Dr. Kabir Veitas, NuNet CEO: “Leveraging NuNet for accessing decentralized hardware for running Cardano nodes and stake pools is an excellent match for communities and ecosystems working towards radical decentralization. NuNet allows to decentralize applications on a hardware level utilizing worlds latent compute resources owned by different community members and connecting many diverse devices into a single framework. Concretely, the Decentralized SPO computing will greatly increase the resilience and true decentralization of the Cardano network on the fundamental level and ensure that the network is decentralized from ground (hardware) up.”

The development process has already kickstarted — the team is researching and testing various solutions for covering protocols features of the platform that will enable it. The first step towards operating the block-producing node is already functional— running passive Cardano relay nodes on NuNet’s Private Alpha. In the meantime, the NuNet team  conducted test runs of P2P communication using symmetric NAT connection and also found positive results developing secure shell access for stake pool operators. With the help of Catalyst grant, the Cardano community and technical partnerships with selected SPOs, the NuNet team will proceed with the development of the production usage of these features geared towards Cardano stake pool operators. NuNet made its Jira development board publicly available for everyone to keep the process and progress transparent. The team will also be releasing regular updates on decentralized SPO’s progress and overall platform development.

When the platform features are ready, NuNet will invite other Cardano SPOs to run trials on the NuNet testnet followed by the full release of Decentralized Computing on the mainnet later in the year.

About NuNet:

NuNet is a computing framework that provides globally distributed and optimized computing power and storage for decentralized networks, by connecting data owners and computing resources with computational processes in demand of these resources.

SOURCE NuNet