Ontology Crypto Review – Conclusion! Ontology is a Next-generation, public, multi-chain platform that aims to offer a single, decentralized trust ecosystem by using a decoupled dispersed ledger architecture, together with a decentralized trust framework. By executing a set of protocol standards and decentralized management modules, Ontology generates an open and standardized platform that supports a large number of industries and joins them to blockchain-based services through an interactive and collaborative environment.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Ontology is Really a Blockchain/distributed ledger system that combines a distributed identity system, distributed data exchange, distributed data collaboration, distributed procedure protocols, dispersed communities, dispersed attestation, and various industry-specific modules. Collectively this assembles the infrastructure for a peer-to-peer trust network which is cross-chain, cross-system, cross-industry, cross-application, and cross-device.
Ontology was born By the Chinese company Onchain in 2017 and has a close association and intended interoperability with the NEO platform. The platform encourages technical network proposals, tips, and research to help improve and take care of the platform.
With significant advancements over the past couple of years from cryptography and decentralized protocols, a new wave of platforms has surfaced as possible improvements over existing systems. Ontology serves as a deep chance to capitalize on such improvements as a platform that could scale effectively and help advance the trustless and decentralized nature of the Internet.