- Regional Expansion in Asia and US
- Promotion and Technological Development Purpose
Ontology, a new public multi-chain project and a distributed trust collaboration platform, would tie-up with Tembusu Partners, Accomplice, Hashed, and Onchain to co-build application development, a new public blockchain infrastructure, and a distributed trust ecosystem to support real business applications,according to its recent announcement.
Singapore-based private equity firm Tembusu Partners’ Chairman Andy Lim was cited as saying that the blockchain technology would create significant growth just as the internet did 20 years ago. Tembusu Partners and Ontology would co-develop Southeast Asian market partners to provide government service support in the local region.
The US-based VC firm Accomplice will strengthen the technical advocacy as well as expand influence of Ontology in the United States and Israel.
South Korea-based Hashed is the community builder as well as project accelerator.
While operating a blockchain meetup “Hashed Lounge”, Hashed also manages a blockchain/crypto journal “Hashed Post”. Hashed would help Ontology to strengthen its promotion in South Korea and Northeast Asia via building events and local communities.
Onchain, the blockchain-related system and development firm, already provided various blockchain solutions to financial institutions such as banks and brokerage firms. Onchain would be a core technical supporter of the Ontology project.
Ontology’s cryptocurrency ONT, which is listing on crypto Exchanges such as Binance and Huobi, has a market cap of about USD 1bn.