0chain is pleased to announce its partnership with NEO Council to work together and help dApps scale their computing and storage needs using 0chain’s fast, free, and flexible decentralized cloud platform.
0chain is the fastest and most flexible, free decentralized cloud that allows dApps on NEO blockchain to move its off-chain storage and compute requirements to 0chain’s dCloud platform. Additionally, 0chain help dApps create their own chain specific to their needs and optimize their performance. 0chain is developing several groundbreaking protocols, including 2D-BPoS consensus, self-forking, storage, and inflation protocols to achieve massive scalability, a fast finality, and a free dCloud.
NEO is a blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a “smart economy” with a distributed network.
Saswata Basu, Founder of 0chain says:
“We are excited to work with NEO and their dApp ecosystem to help their needs with a fast, free, and flexible computing and storage platform. With 0chain, dApps can create their own blockchain, achieve decentralized computing, record micro-transactions with fast finality, and have a fast guaranteed storage capability. Best of all, it’s totally free. Unlike traditional cost model, dApps hold tokens for free compute and storage. So, cost becomes an asset.”
This is useful for all dApps currently on the NEO platform. NEO, which is aiming to be the leader of the “smart economy,” will also benefit from the new relationship, and can attract more dApps on their platform by offering 0chain dCloud features to fast-track their development and go-to-market strategy.
0chain plans to release their testnet Q2 2018 and mainnet towards Q4 2018.
More info on 0chain:
More info on NEO: