Interoperable blockchain network Aion has announced the launch of the first public blockchain interoperability platform, which will allow independently operated blockchains to connect.
Aion network will enable the instant, global transfer and recording of data and value, streamlining communications, and bridging disparate blockchains. Use cases include cross-organizational functions like supply chain operations, communication between health providers, and data-sharing between government entities.
“We envision a future where any blockchain can connect and share data, creating a powerful network to revolutionize how industries share information,” said Matthew Spoke, Founder and CEO of Aion. “We’re proud to be the first interoperability platform in the blockchain industry, and look forward to witnessing use cases across the public and private sector.”
Enterprise blockchain startup Nuco announced an interoperable blockchain network and a framework allowing communication between blockchains, dubbed ‘Aion’, in August 2017. Nuco’s founding team first came together to create Deloitte’s blockchain practice in 2014, recognizing the need for standards to fuel enterprise adoption.
The company raised $22 million through a token sale in 2017 and has been developing Aion’s multi-tier blockchain network. The Aion testnet was released in early 2018 and the feedback received has been used to develop the current public network.
According to the official release, Aion will be customizable, allowing enterprises to partition a blockchain to control access for security or privacy reasons. The range of blockchain-related use cases in a single, large enterprise can also be broad enough to require multiple blockchains, each with semantic, operational, or government properties, while still maintaining safe and private communication between them.
Aion is going to host its first developer conference, AIONEX, on May 2, 2018 in Toronto, which will precede the Community Ethereum Development Conference on May 3-5, and will feature technical discussions on the impact of a common interoperable protocol by blockchain thought leaders and engineers.
