Ontology Crypto Review

Ontology Crypto Review

Ontology Crypto Review

So far, blockchain tech was limited mainly to private users. Since it is so new and most developers do not concentrate on it, men and women in the company world largely have not looked at what blockchains can do for their businesses. On the other hand, the reality is that they’re missing out. There are a number of applications blockchains may be used for that are even greater than existing alternatives.

That is what Ontology is trying to fix. They wish to make it so that businesses can more readily use blockchains — they do not have to have people on staff that are specialists inside. It combines distinct features that have collaborative databases, distributed identity verification, and much more, in a way that is simple to use and apply, without exposing your business to security defects or dangers.


Inspired by the Chinese developer Onchain, Ontology is a network platform for businesses to incorporate blockchain technology in their companies. Made to be adaptable in a range of sectors, the platform has focused on supplying verification and authentication in areas like ownership and individuality.

Ontology is really a community of blockchains, rather than one blockchain, and it’s made to help migrate proprietary business platforms on a dispersed ledger model without undermining them. Ontology was created by exactly the identical team responsible for NEO but exists as a distinct entity.

ONT tokens, that began trading in early March, were odd because they were not matter to a public ICO. Rather, 20m ONT tokens were airdropped to the NEO community. Like NEO, ONT token holders accumulate their particular version of Gas, ONG. Although separate entities, the CEO of Onchain, Da Hongfei, can also be the one of the creators of NEO.

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