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Blockchain network Elrond to cooperate with distributed computing platform Holo

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Elrond, a sharding-based public blockchain network, today announced a cooperation agreement with Holo, a scalable, agent-centric distributed computing platform utilizing Holochain to run distributed apps with data integrity.

Holo enables a distributed web with user autonomy built directly into its architecture and protocols. Data is about remembering our lived and shared experiences. Distributing the storage and processing of that data can change how we coordinate and interact. With digital integration under user control, Holochain liberates our online lives from corporate control over our choices and information.

“We are very impressed with the ingenuity and quality of the Elrond team. We look forward to exploring opportunities to partner through technology, use cases and other opportunities.”
David Atkinson, Commercial Director, Holo

Elrond and Holo, aim to jointly explore the potential integration of the two technologies to provide mutual benefits to developers and dApps within each ecosystem. Moreover, Elrond and Holo are also expressing their interest in exploring other potential use cases related to blockchain technology, such as providing fast and secure finality to payment applications.

“Like Elrond, Holo is creating new tools which complement blockchains and enable new ways of building and running distributed applications. We are happy to partner with the Holo team, and explore synergies between our platforms.”
– Beniamin Mincu, Co-founder & CEO, Elrond

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