In Brief:
- Ontology collaborates with bloXmove to speed up the development of its decentralized credentials.
- Ontology’s DID will be incorporated into bloxMove’s platform.
- The DID will help in making the urban transport industry more private and secure.
Ontology announced its partnership with bloXmove, a business-to-business mobility blockchain platform, to speed up the progress of its decentralized credentials.
bloXmove is a platform designed to make traveling across multiple modes of transportation easier by connecting mobility apps and reducing the need for customers to switch between them.
According to the blog post, Ontology’s decentralized digital identity protocol (DID) will be integrated into bloXmove’s platform.
This would permit users with a decentralized identifier that allows them to share credentials such as driver’s licenses, and the transfer would be completely secure, private, and encrypted.
Founder of Ontology, Li Jun stated, “bloXmove is doing amazing work to streamline the user journey and now, by integrating Ontology’s DID and data solutions, the whole ecosystem will be made easier to navigate, more private, and more secure.”
The DID will allow users to reuse the same identifier for multiple modes of transport while remaining comfortable knowing that their personal information is secure.
Transactions can be automated and secured using the BloXmove token, BLXM. The Ontology chain will host bloXmove’s access token smart contracts.
By utilizing Ontology’s blockchain, bloXmove can attain better efficiency, interoperability with other networks, and lower costs.
CTO and Co-Founder of bloXmove, Dr. Harry Behrens added, “Easy access to mobility should not mean a compromise on privacy and data security for our users, which is why we have partnered with Ontology to strengthen our offering and provide our users with new, even more secure ways to share their information when using mobility apps.”
A few days back decentralized exchange Portal announced its collaboration with the Polygon network. The partnership aims to enhance bitcoin functionality in DeFi.
