WALCHWIL, Switzerland โ Melonport AG, a blockchain software provider, has announced a partnership with Parity by Ethcore. Together, the two firms will launch โMelon,โ a decentralized application on the new โPolkadotโ multi-chain network.
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Melonport AG Partnership With Parity Aimed at Providing Blockchain-Based Asset Management
According to a press release, melon will be designed for asset managers, and will be the first application on the Polkadot network.
Parity founder Dr. Gavin Wood released a white paper explaining Polkadot on November 14, 2016. According to the paper, the network will support interoperability between different blockchains.
โFor the very first time in blockchain history,โ Melonport said in the press release, โthe different blockchains will form one large inclusive interoperable multi-chain network with pooled security.โ
Far from the ultimate implementation, Melonport and Parity said that the Melon project will be just the first use case of the Polkadot technology.
Framed as an open source software for decentralized asset management, the Melon software can be found on GitHub.
Parity founder Gavin Wood told press, โWeโre very excited to be embarking on this path with Melonport.โ
Turning to Melon, Woods said that the Polkadot network is โuniquely suitedโ to Melonโs purpose, adding that he welcomes โthe challenge of developing this technology to fruition with open arms.โ
Mona El Isa, a former Goldman Sachs trader who now works with Reto Trinkler on the Melonport project, said that she feels confident in the projectโs future and partnership with Parity.
โTraditional methods of wealth preservation have offered a good service for a long time but we have also seen their limitations,โ she said, stressing the need for modern solutions.
El Isa added that the collaboration between Melonport and Parity will โbe very complimentaryโ to the goal of providing such solutions, and will make Melonportโs effect even more powerful.
Adding to El Isaโs enthusiasm, Melonport founder Reto Trinkler stated, โwe believe we can future proof development and collectively come up with the first ever blockchain protocol and software for asset management.โ
Melonport AG will hold a token pre-sale for Melon in order to raise Ether for both Polkadot and Melon development. However, the company has not released details about the sale, telling press that more information will come at the end of November.
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Images courtesy of Melonport AG.






