Tagged: parachains

Binance Labs Leads $6 Million Round for Moonbeam Network, a Smart Contract Platform and Polkadot Ecosystem Parachain

Binance Labs recently led a $6 million “strategic” round of the Moonbeam smart contract platform along with contributions from CoinFund and ParaFi. The funds acquired from the investment round will be used to hire development resources, “build additional integrations and developer tools, perform third-party security… Read More

Ontology to Create Infrastructure for Patract Labs, a Solution Developer for Polkadot’s Parachain Contract Ecosystem

Ontology, the “high-performance,” open-source blockchain that’s focused on digital identity and data, will be working with the Polkadot Ecosystem Project, which is described as a “sharded” blockchain that connects multiple chains together in a single network. According to a release, the joint venture will see… Read More

Ontology (ONT) to Accelerate Development of Decentralized ID Solutions by Building on Polkadot (DOT)

Blockchain platform Ontology (ONT) is building on Polkadot (DOT) so that it can accelerate the adoption of decentralized identity solutions. The Ontology team noted that they will be developing applications on Polkadot, which is a sharded blockchain that can seamlessly connect several different chains together… Read More

Blockchain Interoperability Platform Polkadot, focused on Decentralized Web 3.0 Solutions, Launches Sharding Testnet

Polkadot (DOT), a “decentralized” Web 3.0 compatible, blockchain interoperability initiative, recently launched its test network (testnet), in order to assess its planned sharding implementation – which will be based on parachains. As explained by the Polkadot team,  a parachain is an “application-specific” data structure that’s… Read More

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