Image; Courtesy of Ontology
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Last updated on December 31st, 2019 at 07:02 am

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Today Ontology, a new high-performance multi-chain project announced a partnership with CarBlock, the world’s first blockchain-based transportation solution . The two companies will work together to achieve business resources integration. It will also cooperate in community operations.

CarBlock also disclosed the company’s intentions to airdrop tokens to cars and their owners who are certified byOntology Platform to participate in the airdrop.

CarBlock will build a transport data platform based on blockchain Tech and vehicle network intelligent hardware. The platform will bring together the Ontology’s chain network with CarBlock’s intelligent hardware model and IoT solutions. This will help in efficiency and fair circulation of vehicle data within it’s ecosystem. CarBlock will use data to distinguish itself in automobile market. CarBlock will create a brand new unique transport ecosystem.

Jun Li, Founder of Ontology, said:

“We are very pleased to cooperate with CarBlock to connect Ontology’s distributed infrastructure and services to more application scenarios as part of our real economy strategy. Our partnership with CarBlock will ensure effective circulation of transport data, integration of Ontology with the smart transport field, and overall enrichment of the Ontology ecosystem”.

Speaking on the partnership Jia Li, Founder of CarBlock, said:

“We recognize Ontology’s technical accomplishments in public chain development, linking resources of ecosystem application partners, and dedicated support from partnering technical teams. CarBlock is the fastest growing blockchain application in the automobile industry with the most abundant industry resources. We will be using our position to promote the Ontology ecosystem and help Ontology provide more diversified industry solutions”.

CarBlock

CarBlock is the world’s first decentralized automobile industry marketplace on vehicle data. Through blockchain technology, intelligent hardware, and other IoT solutions, re-ownership of vehicle data is made available to its owners. Transparency in data circulation mechanisms will help vehicle data to be efficiently circulated in the ecosystem.

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By Tony Chimdiuto

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