ONT
OntologyUSD 0.192719
as of 2024-10-15 15:40:03 UTC
What
What is Ontology (ONT)?
Ontology (ONT) is a blockchain platform and a cryptocurrency that was created to provide businesses and organizations with a secure and decentralized infrastructure for the development and management of their digital identities and assets. The platform aims to offer a high-performance, scalable, and modular blockchain architecture that is designed to meet the specific needs of different industries and applications.
ONT is used as the native cryptocurrency of the Ontology network and is used to pay for various services and fees within the platform, such as gas fees for executing smart contracts. The creation of ONT was part of a larger effort to create a next-generation blockchain infrastructure that would be more accessible and user-friendly for businesses and organizations, while also providing them with a secure and transparent way of managing their digital assets.
Why
Why was Ontology (ONT) invented?
Ontology (ONT) was created with the aim of providing businesses and organizations with a secure and decentralized infrastructure for the management of their digital identities and assets. The creators of Ontology recognized that the traditional centralized systems for managing digital identities and assets were not secure enough, and were often subject to data breaches, cyberattacks, and other forms of security threats.
To address these issues, the Ontology team set out to create a next-generation blockchain platform that would provide businesses and organizations with a secure, transparent, and efficient way of managing their digital assets. The platform was designed to be highly scalable, modular, and flexible, and to offer a wide range of features and services that would meet the specific needs of different industries and applications.
In addition to its focus on security and decentralization, the creators of Ontology also aimed to make the platform accessible and user-friendly for businesses and organizations, regardless of their technical expertise or experience with blockchain technology. This was accomplished by creating a series of tools and resources that would make it easier for businesses to integrate with the Ontology network and to start taking advantage of its many benefits.
Who
Who created Ontology (ONT)?
Ontology (ONT) was created by a Chinese company called Onchain, which was founded in 2014 by a group of blockchain experts and entrepreneurs, including Da Hongfei, the co-founder of the popular blockchain platform, Neo.
Onchain is a blockchain technology and consulting company that specializes in the development of secure and scalable blockchain solutions for businesses and organizations. The company has a strong focus on innovation and has been at the forefront of the development of blockchain technology in China and the wider Asia-Pacific region.
The creation of Ontology was part of Onchain's broader vision of creating a decentralized and secure infrastructure for the management of digital identities and assets. The company's goal was to make blockchain technology more accessible and user-friendly for businesses and organizations, and to provide them with a secure and efficient way of managing their digital assets.
When
When was Ontology (ONT) launched?
2018-18
Where
Where can you buy/invest in Ontology (ONT)?