Google Cloud Adds Enterprise-Focused Ontology’s Development Platform
The development software of corporate-oriented Ontology () has been added to the Cloud Platform Marketplace, a Medium from Ontology revealed on Feb. 23.
The newly supported software, called , is a set of tools for developing smart contracts on Ontology’s . The DApp product includes a block explorer, a smart contract Integrated Development Environment (IDE), SmartX, and an Ontology test environment.
According to the announcement, this addition makes the project “one of the first public blockchains to have a development platform on the leading cloud provider marketplaces.” This statement is referring to the fact that Ontology is also on could marketplaces Web Services and as of December 2018.
Launched by OnChain — the Chinese company the 17th largest by market cap Neo () — Ontology is a public that aims to ease the use of the emerging technology for companies. The project’s white paper explains the platform as follows:
“Ontology is a /distributed 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.”
Following a surge in price this weekend, briefly entered the ranks of the top 20 coins by market cap today, before dropping to 21st place by press time.
As Cointelegraph recently reported, ’s largest telephone company, KT Corporation, plans to launch a -as-a-service () platform next month.
In November, broke that the arm of computer giant has partnered with nascent startup LayerX to “accelerate” uptake of the technology via Microsoft Azure’s BaaS solution.
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The soaring fortunes of bitcoin and cryptocurrencies is attracting massive amounts of media attention worldwide. This has led to a steady stream of traders flocking to the space amid record prices and subsequent asset returns.
In some circles, this exuberance has to raise concerns about a bubble akin to the great global recession of 2008. On a weekly basis, a seemingly endless stream of new crypto projects, many predicated on little more than a hastily developed white paper and website, are being launched and creating a crowded array of options for would-be traders.
Enter , a Canadian blockchain and smart contract technology startup that aims to eliminate many of the common concerns and uncertainties arising in the prevailing world of decentralized markets or speculative asset classes. Charting a course of transparency, while nurturing a world-class ecosystem of problem solvers and supporters, Rublix endeavors to create a new normal for trading performance among cryptocurrencies or any asset class. Bolstered by highly astute technology and investment experts, Rublix is actively unveiling a suite of products tied to an ambitious roadmap with a series of launch dates.
The Rublix platforms are being developed in collaboration with some of the top designers and coders in the world and the team is seeking to attract professionals in the finance space who desire to actively participate in the world of decentralized markets. Its target market? Traders of any sophistication level in any industry including people who believe that cryptocurrencies and the blockchain have barely scratched the surface in terms of its growth potential.
Hedge
Rublix’s flagship product is called, a platform which assists those who are interested in, yet unacquainted with, trading in making thoughtful, informed and educated decisions. Users will have the ability to track and mimic trades made by sophisticated investors on the platform with a verified ranking. The more accurate a trader, the higher their corresponding rank. The platform features an advanced block explorer that displays and records real-time trading predictions on the Rublix chain. The result is that novice traders will be able to rapidly assess and learn from more experienced counterparts with proven track records.
“The problem with many trading platforms that allow entry level traders to follow ‘successful traders’ is that they employ a month-by-month portfolio model,” said Rublix co-founder and CEO David Waslen. “Unfortunately, portfolio growth is only one piece of the puzzle when analyzing performance. A twenty percent increase in one’s portfolio is not an accurate measure as to whether a trader is highly skilled or not. Perhaps they got lucky with one trade while the balance of their portfolio is mediocre or poor.”
The goal of Rublix, Waslen added, is to change this dynamic.
“Rublix, therefore, aims to expose each trading prediction both before and after the event to increase transparency and accountability,” he said. “By making each blueprint public information with blockchain immutability, we give users a secure tool that will aid in making calculated decisions on which information to trust the we hope will help them enter the cryptocurrency space and successfully trade.”
Cryptocurrencies, with prevailing volatility in a marketplace that never closes, provide an abundance of opportunities for any trader. What is needed is a trusted source of advice to help professional and novice traders develop their knowledge base and hone their skills. That is why through integration with three inherent components of blockchain technology – transparency, decentralization, and immutability – Rublix’s Hedge platform debunks market manipulation while providing a trusted source of trader information.
“The blockchain aids in keeping our data secure and unsusceptible to intrusion or manipulation,” Waslen said. “It’s obviously a foundational element in helping us create a reliable, unbiased data source that will allow users to make calculated decisions on how to trade appropriately. A decentralized database of users’ past trade history paired with smart contract verification will give us a significant competitive advantage over other trading networks.”
Waslen goes on to note that the platform rewards users with the company’s native RBLX token on an exponential scale based on how many times they are “accurate” in their predictions. Hedge is targeted for release in Q1 2018.
TradersEdge
Rublix’s next product for helping new traders enter the cryptocurrency market is called. Set to launch in Q3 of 2018, it will feature a suite of tools that offer a similar feel and aesthetic to that of many well-known modern trading platforms. This attention to user experience is seen as a vital cog to building long-term interest and user adoption in the crypto-sphere as many cryptocurrency exchange platforms lack a user friendly interface.
Centurio
Finally, Rublix is building a tool called which will assist newcomers in getting up to speed with how to use cryptocurrencies for daily transactions and savings. This cross-platform solution, which doubles as a wallet and contract organizer, is targeted for release in early 2018.
Unfriendly platforms, difficulties in finding trusted information and general hesitation are what limit the growth and proliferation of cryptocurrencies. Recognizing this, Rublix is laser focused on bringing a whole new cast of entrants into the marketplace by mitigating a number of common concerns that hinder adoption. Rublix’s goal is to create an environment where embracing the blockchain and owning cryptocurrencies feels second nature.
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