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Ontology (ONT)

Official website: https://ont.io/

What is Ontology? 

Ontology is an open-source, a high-performance blockchain that specialises in digital identity and data. The exclusive infrastructure of Ontology maintains robust cross-chain collaboration and Layer 2 scalability. This will offer businesses the suppleness to design a blockchain that will match their needs. Ontology operates a suite of decentralized identity and data sharing protocols to improve speed, security, and trust. Ontology’s features incorporate ONT ID, a mobile digital ID application and DID used throughout the ecosystem, and DDXF, a decentralized data exchange, and collaboration framework. 

Ontology has a variety of real-life use cases while also allowing businesses to develop their own blockchain on top of the Ontology blockchain. Crucially, Ontology offers additional flexibility for companies. This in turn allows them to create customized blockchains to fit their specific needs in terms of features like governance and enhanced privacy, functionality that rivals like Ethereum and NEO are lacking by design. The ONT chain also helps nullify transaction network fees through the generation and distributing of free Ontology Gas (ONG) to ONT holders based on their holdings.

Team 

The Ontology project was formed by Li Jun, Founder of Ontology. During its early stages of growth, Ontology obtained technical support from various members of Onchain’s developer team. Nevertheless, the two have continuously been separate projects officially pursuing their own goals.

Jun Li is the founder of Ontology. He is held in high regards within the blockchain community as he has over 17 years’ worth of experience within IT and FinTech. Andy J is the co-founder of Ontology. At the moment he serves as the deputy secretary-general of China’s ministry of industry and information technology’s blockchain technology and industrial development forum.

Roadmap

22/01/2020

ONT FS Released 

14/02/2020

Blockchain SaaS Framework alpha released 

02/04/2020

Ontology Wasm-JIT released 

30/05/2020

Ontology Layer released 

02/06/2020

ONT ID 2.0 upgraded 

28/06/2020

Ontology DDXF 2.0 released 

30/06/2020

Ontology 2.0 released 

Where to Store Ontology (ONT)

You can store your Ontology in Exodus along with various other cryptocurrencies. Exodus is free and easy to use and can be downloaded to either a desktop or mobile device. Exodus will then be tied to whichever device it has been downloaded to which will also be the device you will use to access and manage your crypto assets.

Trust wallet is a wallet that can hold a wide variety of cryptocurrencies such as Ontology making it highly desirable for users who wish to have a varied portfolio. Being owned Binance, it also a very trusted wallet in the crypto community.  
Leading hardware wallet providers such as Ledger are integrated with Ontology and ONT wallets will come as standard on their devices.   

Where to Buy and Sell Ontology (ONT)

You can Buy & Sell Ontology (ONT) by heading over to the Buy Coins page of our website. Ontology (ONT) is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying Ontology has never been easier, simply place your order and provide your wallet address.  

Once your payment arrives Ontology will be sent directly to your wallet. If you choose to Sell Ontology (ONT) you can send us the coins and receive a payment to your bank account. Details and valuation can be found on the ‘Sell Coins’ page.


Ontology (ONT) Resources

Website: https://ont.io/
Block Explorer: https://explorer.ont.io/
Twitter: https://twitter.com/OntologyNetwork
GitHub: https://github.com/ontio

Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.
 

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