NEW YORK--(BUSINESS WIRE)--Blockchain and tech enthusiasts gathered in New York City on Monday, November 27th as Onchain revealed their groundbreaking public platform Ontology. The event attracted world-class blockchain industry experts and investors as Ontology is the first project that will allow all business types, including those with little or no technical background, to easily use the blockchain technology in their systems.
"We are honored to have a strong introduction to Ontology Network in New York City," said Hongfei Da, CEO of Onchain & Founder of NEO. "Not only did we bring the best industry minds together, but the Ontology launch brought our project to the world stage. Ontology and NEO will build a broad ecosystem using blockchain and other new technologies to serve the real economy. "
The overall goal of the Ontology Network is to form an original and open innovation cooperation mechanism, combining the cutting-edge distributed ledger and blockchain technologies and technological advancements in other businesses so as to provide a comprehensive, robust and flexible Enterprise-level distributed ledger platform for institutions and corporations.
"Ontology Network was received well at its launch in New York City," said Jun Li, Chief Architect of NEO. "We have built rock solid infrastructure for trust cooperation in the different scenarios that make up the Ontology trust ecosystem, and we look forward to seeing the global impact starting in the US."
The Ontology Network Launch had a robust agenda including other presentations such as Jun Li, Chief Architect of Onchain - A New Generation of Distributed Trust Networks, Alphacat, The Key, Q Link, Deep Brain and more.
Onchain is a high-profile Chinese blockchain startup that has received international media attention for its leadership in the blockchain industry. Now with their new product launch, Ontology Network uses distributed identity verification, data exchange, communities, and other industry-specific features along with a robust smart contract protocol to build an unparalleled trust ecosystem. Ontology will continue to provide support for additional protocols and modules, welcoming further distributed business scenarios.