August 10, 2020 Ontology partners with NEAR Protocol for identity services.

Ontology announced on Friday that it will support the development and deployment of NEAR Protocol’s Decentralized Identifier (DID) digital identity solution. DID is standardized under W3C’s framework, and the joint effort will focus on regulatory compliance. NEAR has stated that the decision to partner with Ontology was, in part, based on the team’s interest in Ontology’s cross-chain interoperability effort, ONT ID 2.0.