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Home Blockchain Technology

Monetha and Wolfram Blockchain Labs join forces on computational data for smart contracts

Wolfram has been at the forefront of providing machine-ready computable data for over a decade to Fortune 500 companies and government organizations...

Published by CryptoNinjas.net
02/25/2020
Monetha and Wolfram Blockchain Labs join forces on computational data for smart contracts

Decentralized reputation platform, Monetha has today announced a strategic partnership with Wolfram Blockchain Labs who has selected the enterprise-grade blockchain platform to work with; joining R&D efforts as Wolfram’s idea that “computational contracts” will underpin the future of digital payments is within striking distance.

Wolfram Blockchain Labs (WBL) is a subsidiary of Wolfram Research exclusively licensed with powerful Wolfram blockchain technologies and specifically designed to extend ecosystem tools for application development for decentralized ledger technology (DLTs).

“Thanks to our 30+ years of work on Wolfram Language—we’re now beginning to have a computational language that has the scope to formulate “computational contracts” that can specify relevant kinds of constraints in computational terms, in a form that humans can write and understand, and that machines can automatically interpret.”
– Stephen Wolfram, scientist, entrepreneur, and creator who founded Wolfram Research

Computational data that can now be applied to specifically to blockchain smart contracts.

Both teams will join R&D forces leveraging WBL’s tools for blockchain analytics and, perhaps most importantly, providing computational data for smart contracts. Monetha’s expertise in data exchange, processing cryptocurrency transactions and building blockchain technology layers will be invaluable for computational exploration by WBL in the evolution of smart oracles to computational contracts.

“As technologists, we are excited to establish a partnership with WBL, the subsidiary of Wolfram – the foremost computational intelligence company. It is truly exciting to add these possibilities into our platform and enable access to computational data while tackling identity, reputation, and fraud prevention-related challenges.”
– Monetha’s CTO and co-founder Andrej Ruckij

Monetha (MTH) is a blockchain company launched in January 2017. The reputation platform works on the Ethereum based blockchain network that is designed with smart contract technology.

“We’ve interacted with Monetha for a couple of years and have had the opportunity to watch them develop a number of useful decentralized reputation and identity services. So, it is exciting to be able to enhance Monetha offerings with Wolfram Technologies.”
– Jon Woodard, CEO for Wolfram Blockchain Labs

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