Two of the biggest and famous blockchain projects originating from China have recently revealed that they will be working together to build an open cross-chain platform that will serve as the foundation for the next-gen internet.
Neo dubbed as the Chinese Ethereum and Ontology, a project of Neo’s parent company, OnChain, plans to leverage each other’s strength to create an efficient and inclusive interoperability protocol.
Da Hongfei and Li Jun, founder of Neo and Ontology respectively, have both expressed optimism in the partnership which they both hope will bring real-life solutions and use-cases that will benefit the two companies and the wider community.
However it must be noted that the new protocol will not issue new tokens and will not include a dedicated smart contract system to ensure an eco-friendly approach to member chains.
Headlines for the world of Cryptocurrencies - July 17, 2019
- Litecoin Partnering With Miami Dolphins
- Ripple CEO Claims XRP Is Not Used For Any Elicit Activity
- New Crypto Giveaway From The Winklevoss Twins
- Small Town In Toronto Now Accepting Crypto For Taxes
- Tor Teams Up With BTCPay For Crowd Funding Initiative
Headlines for the world of Cryptocurrencies - July 16, 2019
- Ron Paul Calls Bitcoin A Great Idea Gets His Utmost Support
- Drop To $10,000 Zone Good For The Market According To Fundstrat
- US Regulations Could Be The Catalyst For Bitcoins Next Upswing
- EY Leads German Logistics Firms’ Blockchain Tracking Platform Initiative
- Binance Wants To Open Local Exchange In South Korea
Headlines for the world of Cryptocurrencies - July 15, 2019
- $5 Billion Tether Out Of Thin Air
- Bull Market Still Driven By Retail Investors According To Binance Chief
- PundiX Integrates With Traditional Sales Terminal
- Larry Sanger Co-Founder Of Wiki On Blockchain, Internet And Knowledge
- Mobile ID System To Launch In Korea
