Onchain the company behind NEO and Ontology has been selected by Microsoft to be part of Microsoft Accelerator.
Microsoft Accelerator
Microsoft Accelerator was founded by Microsoft to help promising companies / start-ups in the further development of the company. Twice a year, 15 to 20 companies are selected to participate in the program. The selected companies are given access to Microsoft's main customers and can use everything Microsoft has to offer for 6 months. This program makes it easier for companies to come into contact with new customers, partners, financing and talent.
Onchain
Microsoft has chosen Onchain because it has a lot of experience in blockchain technology and start-ups. This company is jointly responsible for NEO and Ontology. NEO will undoubtedly sound familiar to many investors and Ontology also seems promising. In addition, the company helped Elastos to develop their blockchain.
The ties between Onchain and Microsoft seem to be getting closer and closer and this collaboration seems to be a win-win situation for both companies. Onchain thus gains more access to the western world and Microsoft strengthens its share in blockchain technology.