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Ontology MainNet, “Ontology 1.0”, has Officially Launched!

July 10, 2018

BEIJING--(BUSINESS WIRE)--Jul 10, 2018--Ontology, a new high-performance public multi-chain project and a distributed trust collaboration platform, has announced the launch of Ontology 1.0. Ontology 1.0 provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems, and at the same time supports public chain customization and chain network collaboration, whilst providing common modules in various distributed applications.

Ontology 1.0 includes a decentralized identity authentication protocol, distributed data management protocol, and credit score protocol. At the application level, the integrated client product (ONTO), trust search engine, and distributed data exchange framework will provide strong technical support.

Ontology 1.0 Features

Ontology 1.0 is the first decentralized smart contract execution platform with identity. Regarding security, there is continued deep cooperation with NCC Group, Baimaohui, and SlowMist to ensure the security of Ontology’s nodes.

Smart contract tool “SmartX”, VBFT consensus algorithm, and the Triones Consensus Group

The smart contract tool SmartX is a one-stop IDE that can be used to compile, deploy, and invoke smart contracts. It provides a range of smart contract templates and a powerful online editor.

It has been reported Ontology will launch ONTO in July. ONTO will support autonomous and controllable digital identity, MainNet digital assets management, a one-stop MainNet token swap, and more. Ontology will also launch SmartX 2.0 and the latest smart contract development guidelines to provide better dApp development support for developers.

Partnerships for real business scenarios

Ontology’s Founder Jun Li said: “Ontology has always adhered to a ‘real economy’ strategy, through the effective combination of Ontology and various industry partners, to bring more real business application scenarios and create more innovative solutions. Ontology 1.0 could not have been created without the high degree of cooperation and support of all technical teams, partners, co-builders, and industry experts. We look forward to joining hands with more industry partners to create a brilliant future together!”

About Ontology

Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on.

For more information, please visit https://ont.io/

View source version on businesswire.com:https://www.businesswire.com/news/home/20180710005757/en/

CONTACT: Ontology

Chelsea Mu

contact@ont.io

KEYWORD: ASIA PACIFIC CHINA

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY

SOURCE: Ontology

Copyright Business Wire 2018.

PUB: 07/10/2018 11:30 AM/DISC: 07/10/2018 11:30 AM

http://www.businesswire.com/news/home/20180710005757/en

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