A $700m launch

Neo's Next Act? $700 Million Crypto Ontology Is About to Go Live

CoinDesk Daily is sponsored by  June 29, 2018 "To say more, is to say less." – Harlan Ellison Got this from a friend? SUBSCRIBE HERE THE FEATURE Neo's Next Act? $700 Million Crypto Ontology Is About to Go Live If all goes well, $700 million worth of cryptocurrency is about to find a new home. That's because Shanghai-based Ontology, a project closely tied to the "smart economy" blockchain Neo, is expected to launch its live blockchain on June 30, a step that will find one of the top 20 crypto assets finally releasing its proprietary technology. Described as an enterprise-focused platform, Ontology is seeking to provide a high volume of fast and cheap transactions, all while helping businesses grapple with the thorny problems of interoperability and digital identity. As such, Neo is one of several public blockchains catering to enterprise that have recently or will soon go live, Tron and Vechain being other notable contenders. 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