The two firms will cooperate in basic technology, adopt their business resources, and partner in community operations. CarBlock will also airdrop tokens to cars and their owners certified by Ontology. Sharing Ontology’s “real economy” strategy, CarBlock will construct a transport data platform built on blockchain and vehicle network intelligent hardware. The platform is to connect Ontology’s chain network model with CarBlock’s intelligent hardware and IoT solutions to successfully and fairly circulate vehicle data within the ecosystem. CarBlock will apply data to tap into the one trillion US dollar automobile market and create a brand new smart transport ecosystem.
We are very pleased to cooperate with CarBlock to connect Ontology’s distributed infrastructure and services to more application scenarios as part of our real economy strategy. Our partnership with CarBlock will ensure effective circulation of transport data, integration of Ontology with the smart transport field, and overall enrichment of the Ontology ecosystem.
CarBlock is the world’s first decentralized automobile industry trading area built on vehicle data. With the help of the blockchain technology, intelligent hardware, and other IoT solutions, ownership of vehicle data is brought back to users.
We recognize Ontology’s technical accomplishments in public chain development, linking resources of ecosystem application partners, and dedicated support from partnering technical teams. CarBlock is the fastest growing blockchain application in the automobile industry with the most abundant industry resources. We will be using our position to promote the Ontology ecosystem and help Ontology provide more diversified industry solutions.
Vehicle data can be efficiently circulated in the ecosystem via fair data circulation mechanisms. Data might also be applied to tap into the one trillion US dollar automobile market and construct a brand new smart transport ecosystem.