Ontology, a public multi-chain project, and distributed trust collaboration platform has announced plans to co-build its ecosystem with some international partners, April 11th. Ontology has partnered with Tembusu Partners, Accomplice and Hashed. Each partner will help build and govern the industry ecosystem, with a focus on business applications.
One of the partners, Tembusu, is a private equity firm based in Singapore. Tembusu and Ontology will develop Southeast Asian partners to provide government service support for local markets. Speaking about the partnership, Andy Lim, Chairman of Tembusu Partners said, “Tembusu Partners is delighted to cooperate with Ontology to develop the blockchain market in the South East Asian region. This blockchain technology will disrupt many industries and create significant growth just as the internet did twenty years ago.”
Another co-builder, Accomplice, is a seed-led venture capital firm with headquarters in Boston and San Francisco. Accomplice and Ontology will work together to further technical advocacy and to extend the reach of Ontology throughout the United States and Israel.
Ontology has also partnered with Hashed, an influential blockchain group in South Korea. Hashed will assist Ontology with strengthening its relationships in South Korea and Northeast Asia by creating a local technical community and hosting events.
Finally, Onchain is another important partner in the co-builder program, which is a technology company dedicated to the research and deployment of blockchain systems. Onchain provides the underlying technical services for public chain projects like Ontology and Elastos and is the initiator and technical supporter of the Ontology project.
What is Ontology?
Ontology is a public-multi chain project and distributed trust collaboration platform. Ontology provides public blockchains, including distributed ledger and smart contract systems. Each blockchain framework is customizable for different applications and supports collaboration between chain networks and various protocol groups.
Ontology provides standard modules for the underlying infrastructure for different distributed scenarios, like distributed digital identity networks and distributed data exchange protocols. Ontology will continue to develop new common modules based on specific scenario requirements.
About The Author: Matthew North
Matthew North is a freelance writer and journalist who resides in East Asia. He spends his time writing and learning about financial technologies like the Blockchain and digital currencies. You can follow him on twitter @fintech_matthew.
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