Buy Groceries Using Ontology Soon with Blocery
Ontology is pleased to announce its partnership with Blocery, a high-end agricultural products/grocery pre-purchase e-commerce platform. Blocery will develop ecosystem applications, getting capital and infrastructure support from Ontology, and become part of Ontology’s ecosystem as a De-Fi solution. Blocery taps into the real needs of end-consumers with the vision of blockchain to first change our daily lives and then to change the world.
Blocery is a dApp project specifically catering to the needs of people in their daily (tangible) lives on the grocery value chain. SCF solutions unlock the cash to vendors by opening crowdfunding solutions to investors and users. E-commerce solutions, at the same time, market to users in the form of “pre-purchase” where primary producers and buyers can complete a transaction even before the harvest of goods with smart contracts.
The project comes from the 20-year-long business entity, Ezfarm, in South Korea. The company has been actively engaged in ag-tech business nationwide. Its deep connection with the biggest central market in South Korea, Garak market, will be leveraged from the beginning to solve the working capital problem of vendors. With its business model, Blocery aims to build itself into a long-run blockchain service.
Speaking about the cooperation, Andy JI, Co-Founder of Ontology, remarked:
“Blocery is an interesting case that has survived the winter of the blockchain industry with its strong agricultural background within its local market. Its supply chain finance business model will thrive in the DeFi ecosystem of Ontology.”
Blocery is launching a beta version of the service by the end of this year, with plans to fully migrate the service to Ontology by the first quarter of 2020.
About Ontology
Ontology is a high-performance public blockchain and distributed trust collaboration platform. As the blockchain infrastructure with multi-chain and multi-system integration, Ontology provides multi-layer, sharding, and multi-VM public blockchain services, and is able to readily customize easy-to-use blockchains that protect privacy through component technology and achieves secure and efficient cross-chain communication using a set of protocols.
As the infrastructure and connector for the Ontology trust ecosystem, Ontology creates a collaboration platform combining multi-dimensional trust and integrated applications through DID (decentralized identity), decentralized data exchange, decentralized reputation, and many other components and protocols for trust collaboration. As a result, Ontology is able to provide effective collaboration between trust sources, secure connectivity of data sources, and other distributed applications, thus creating a systemized, proceduralized, and integrated trust ecosystem.
Find Ontology elsewhere
Ontology website / Ontology GitHub / ONTO website / OWallet (GitHub)
