Google Cloud Platform Marketplace Welcomes Ontology (ONT) Development Software

Google Cloud Platform Marketplace Welcomes Ontology (ONT) Development Software

With blockchain infiltrating multiple industries, it should come as no surprise that it has gotten the attention of Google. According to a Medium post issued by corporate-oriented cryptocurrency Ontology (ONT), their development software has been added into the Cloud Platform Marketplace, which primarily offers tools for smart contract development on the Ontology blockchain.

This new decentralized app (dApp) product offers a block explorer, SmartX, a test environment on Ontology, and a smart contract Integrated Development Environment (IDE). The annoucement details how this addition makes Ontology:

“one of the first public blockchains to have a development platform on the leading cloud provider marketplaces.”

Along with Google’s Marketplace, Ontology is presently available though Microsoft Azure and Amazon Web Services, based on reports from the end of 2018.

Ontology was developed and launched by OnChain, which is also being a cryptocurrency called Neo (NEO) that is presently ranked the 17th largest crypto by market capitalization. Ontology itself is a public blockchain, and they highlight the way that they make blockchain technology easy to use for companies. In the whitepaper, the company describes itself by saying,

“Ontology is a blockchain/distributed ledger network which combines a distributed identity system, distributed data exchange, distributed data collaboration, [and others]. Together this builds the infrastructure for a peer-to-peer trust network which is cross-chain, cross-system, cross-industry, cross-application, and cross-device.”

ONT was lucky enough to see a surge in their price this weekend, leading them into the top 20 coins by market cap. However, as of 1:30pm MST, ONT is ranked at #20, after seeing an increase of 8.46% in the last 24 hours, which included a brief dip that took it down to the 21st place.

Blockchain is becoming popular around the world, shown in the way that other countries have recently launched projects in the effort. KT Corporation in South Korea recently published plans to launch a platform supporting blockchain-as-a-service (BaaS), which will happen last month.

In November, reports came out about Microsoft’s partnership with a blockchain startup called LayerX. The partnership is aimed at increasing the uptake of blockchain technology through the BaaS solution offered in Microsoft Azure.

The Medium post can be viewed at