ONTOLOGY AND NEO PARTNER TO CREATE GLOBAL CROSS-CHAIN BLOCKCHAIN

1
(No Transcript)
2
Ontology and NEO Partner to Create Global Cross -
Chain Blockchain

• In a town hall meeting, Chinas leading public
  blockchain projects Neo and Ontology revealed
  plans about their partnership to establish a
  foundation for the next-gen internet by building
  an open cross-chain blockchain platform. This
  partnership will aid both parties in leveraging
  their strengths to introduce an inclusive and
  efficient interoperability protocol. This
  partnership will facilitate the industrys
  accelerated growth and help create an
  industry-wide milestone.

3

• Neo is an open-source blockchain platform which
  is designed to build a scalable network of
  decentralized applications. It is a
  community-driven project which utilizes digital
  identities and blockchain technology to digitize
  assets and automate the management of digital
  assets through smart contracts. It aims to create
  a smart economy by using a distributed network.
  Neo is often regarded as the Ethereum of China
  due to its close similarities with the Ethereum
  blockchain.

4

• To reorient the focus of their strategies to the
  task of full-fledged interoperability, Neo will
  work towards developing protocols and components
  to support a full spectrum of digital assets.
  Ontology will focus on building out its
  decentralized identity framework. This will help
  in the full deployment of the capabilities of
  interoperability protocols. The press release
  revealed four fundamental aspects of the
  interoperability protocol, which are

5
The Eco-Friend Approach To Member Chains

• Designed primarily for cross-chain
  synchronization, the protocol will not issue
  tokens and will not include a dedicated smart
  contract system for protecting member chains from
  cannibalization

6
Low Barriers To Entry

• Existing blockchain projects do not need protocol
  layer development or modification as they are
  built to facilitate seamless technical
  integration.

7
Transactional Finality and Atomicity

• This protocol will strive to achieve finality and
  atomicity in cross-chain transactions with a
  specific focus on cross-chain smart contract
  interactions. This will help widen the scope of
  decentralized applications.

8
Enhanced Security

• Neo and Ontology will focus on optimizing
  security for cross-chain transactions and
  interactions. A sophisticated set of mechanisms
  built on the operational and technical levels
  will be carefully implemented to enhance security
  levels.

9

• Ontology is a distributed trust collaboration
  platform and a high-performance public blockchain
  project. Its framework allows to customize public
  blockchains for applications and supports public
  blockchain systems. It also supports
  collaboration of chain networks with protocol
  groups. Ontology provides interoperability
  between blockchains.

10

• As enterprises would not prefer to store all
  their information on a public blockchain,
  Ontology enables them to protect information and
  choose the information they want to keep private
  and those they would like to share with
  competitors. Ontology was born in 2017 and was
  launched by the Chinese firm OnChain which was
  co-founded by Erik Zhang and Da Hongfei.

11

• In the words of Li Jun, the founder of Ontology,
  By building an open and global cross-chain
  system, NEO and Ontology will promote cross-chain
  value exchange as well as business collaboration
  to establish the foundational infrastructure for
  the next-gen internet. By continuously bolstering
  our technology and community, we aim to
  accelerate the development of blockchain
  applications for various industries to deliver
  diverse real-use cases.

12

• As Neo and Ontology take a step further to deepen
  their cooperation, both parties are looking to
  usher in a new era of blockchain development
  through this partnership. The platform will be
  going live in Q4 before which the white paper of
  the interoperability solution will be released in
  Q3. As the platform develops, Neo and Ontology
  will realize their smart economy vision through
  their collaborative approach.

13
Blockchain Council Certifications

• You can check out our certifications, and kick
  start your career in the Blockchain space today.
• Certified Blockchain Expert
• Certified Blockchain Developer
• Certified Smart Contract Developer
• Certified Solidity Developer
• Certified Ethereum Developer

14
(No Transcript)