Leading Blockchain Platforms Unleash Groundbreaking Interoperability Alliance

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[Singapore] On August 18, 2020, Poly Network — a groundbreaking heterogeneous interoperability protocol alliance — was launched. Consisting of leading blockchain platforms such as Neo and Ontology, Poly Network aims to build the foundation for Next-gen Internet (NGI) by enabling greater integration, cooperation, and innovation. Representing both a technical breakthrough and a milestone for blockchain adoption, Poly Network is well positioned to become the pillar of NGI and the smart economy of tomorrow.

Consisting of Neo, Ontology, and Switcheo, Poly Network is pioneering heterogeneous rather than homogenous interoperability to overcome scalability challenges and advance mainstream blockchain applications. Reflecting this goal, Poly Network already supports Ethereum, Neo, Ontology, and Cosmos-SDK — with plans to also include Bitcoin to create a truly interoperable future. To achieve its goals of optimized efficiency, value transfer, and privacy, Poly Network will link together platforms to enable interoperability and atomic cross-chain transactions; it will neither issue tokens nor house built-in smart contract. …

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