TOP Network partners with Ontology to create next-generation blockchain-based communication network

Distributed cloud communication startup #TOPNetwork and public blockchain project #Ontology have launched a strategic partnership, aiming to cooperate in creating a blockchain-powered communication ecosystem open to all developers and apps. TOP announced today it has received strategic investment from Ontology Global Capital (OGC).

TOP Network closed a $6 million Series A round earlier this month, investors including Fenbushi Capital, Danhua Capital (DHVC), NEO Global Capital and LD Capital. After this round of funding, TOP will provide high-performance communication infrastructure for developers on Ontology. Ontology will offer technologies that support TOP’s base-layer blockchain, such as data exchange services, data identification services and high-performance smart contracts. TOP Network expects to release its main net by the end of this year.