Ontology Crypto Review – a network of blockchains. It is a network of blockchains rather than one single blockchain, and it’s made to help migrate proprietary enterprise platforms on a distributed ledger model without undermining them. It was created by the same team responsible for NEO but is present as a separate entity.
Inspired by the Chinese developer Onchain, Ontology is a platform for companies to integrate blockchain technology into their businesses. Adaptable to several sectors, the platform has focused on supplying verification and authentication in areas like ownership and individuality.
ONT tokens, which started investing in early March, were odd because they were not subject to a people ICO. Rather, 20m ONT tokens were airdropped into the NEO community. Like NEO, ONT token holders accumulate their version of Gas, ONG. Although separate entities, ” the CEO of all Onchain, Da Hongfei, can also be one of the creators of NEO.
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Ontology Crypto Review – a network of blockchains
Thus far, blockchain technology has been limited mainly to private users. Since it is so brand new and most developers do not specialize in it, businessmen and women have not considered what blockchains can do for their businesses. However, they’re missing out. There are plenty of programs blockchains can be used for that are even better than existing solutions.
That’s what Ontology is trying to fix. They want to make it so businesses can more readily use blockchains- they do not need individuals on staff who are specialists inside. So, it combines distinct characteristics with collaborative databases, distributed identity confirmation, and much more in a way that’s easy to use and apply without exposing your business to security flaws or risks.