Pastel Network Bringing NFT Security to Polkadot with Parity

Pastel Community not too long ago introduced establishing a partnership with Parity Applied sciences. The collaboration will see Pastel Community bringing everlasting storage and NFT safety to Polkadot.

Because the builders behind Substrate and Polkadot, Parity Applied sciences is a well known identify within the business. The partnership is a big step for your complete NFT neighborhood, and it reveals that the fixed demand for verifiability, safety, and reliability is being addressed with Pastel’s fashionable framework.

The collaboration means Polkadot will entry Parity’s Web3 protocols, which might be simply built-in throughout Layer 1s and Layer 2s dApps. Parity will work with Polkadot’s L1 parachains and DeFi & NFT apps constructed on the community. 

This can permit the enterprise to combine:-

• Sense, Close to-Duplicate NFT Detection: It makes use of Deep Studying know-how to evaluate the relative rareness of non-fungible tokens. It helps detect scams, copyright infringement, and counterfeits, offering certification of authenticity.
• Cascade, NFT Knowledge, and Metadata Storage: It’s a everlasting, distributed redundant storage protocol. It prevents centralized factors of error, 404 errors and IPFS pinning, and month-to-month subscription upkeep.

Since these protocols are light-weight with interoperability for Web3 Open APIs, Polkadot members can entry them securely and distributedly.

In the long term, the platforms will collaborate to create trustless and decentralized interoperability utilizing a communication bridge. Pastel Community can attain trustless communication with Polkadot utilizing Substrate occasion attributable to its non-parachain blockchain nature.

The Substrate occasion might be deployed to the Polkadot community utilizing a common-good community-operate or public utility parachain. At first, Pastel’s community of SuperNodes (high-compute validators) can act as a federation of off-chain brokers.

Such scale of interoperability permits Parity and Pastel to deliver decentralized NFT safety and permanence to the ecosystem. Given the platforms’ world success, their collaboration will render related outcomes.