Ontology Announces A Partnership With Celer Network

Twitter icon  •  Published 1 год назад  •  Hassan Maishera

The Ontology team announced in a Medium post on Tuesday that it has partnered with the Celer Network.

The Ontology team announced in a Medium post on Tuesday that it has partnered with the Celer Network. With the partnership, Celer Network has implemented bridging support for Ontology Ethereum Virtual Machine (EVM). As a result, users can bridge USDT, USDC, ETH, and WBTC via the Open Canonical Token Standard between ETH and Ontology EVM in a fast, secure, and low-cost fashion. Celer Network added that it will add support for more tokens moving forward.

Ontology is a high-performance public blockchain and distributed collaboration platform. Ontology aims to solve the trust problem with blockchains, with a prime focus on identity security and data integrity issues.

ONT token is down by more than 4% in the last 24 hours and now trades at $0.1899.

Celer Network is an interoperability platform that supports cross-chain fund transfers and generic message passing. CELR, the native token of Celer Network, is down by more than 5% in the last 24 hours and is currently trading at $0.01511.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.