September 10, 2020 Swisscom Blockchain awarded Web3 Foundation grant for Polkadot development.

Swisscom Blockchain, a subsidiary of Swedish telecommunications firm Swisscom, announced today that it has been awarded a grant from Web3 Foundation to fund development on the Polkadot network. The effort will focus on development of the network’s Kubernetes Operator, which will serve to safeguard staked assets in Polkadot’s PoS network in the event of a security breach. The Kubernetes Operator will operate on both Polkadot’s mainnet and its Kusma testnet.