NEO and the Ontology Foundation Contribute RMB 4 Million to New Joint Venture

The NEO Foundation and Ontology Foundation have joined forces to improve the development of API standardization, a sharing ecosystem of smart contracts, building open standards for smart contracts, and cross-chain technology innovation. Following the MoU signed earlier in May, the two projects announced on the 24th of May that they had contributed RMB $4 Million to the joint venture.

More details and Source: http://za.gl/4yAFp