Ontology (ONT)
What is Ontology?
Ontology (ONT) is a cryptocurrency that was created by a Chinese company called Onchain. Ontology is a platform that can be used by both small and giant companies and removes the barrier between business from the real economy and blockchain. This is the main goal of Ontology, thanks to this cryptocurrency, as planned, companies can blockchain into their business processes without having much knowledge and experience in this area. At the moment, unfortunately, ordinary enterprises can only integrate blockchain into themselves with great knowledge of how it works.
Also, Ontology wants to solve the problem that existing networks of trust have serious privacy issues, improve the systеm for managing this data, which is now highly monopolized and inefficient, Everything looks like Ontology already far advanced with their solution. Large corporations today can integrate Ontology into their activities and adapt it to their needs.
Ontology is a trust framework that focuses on trust issues, data authentication, and secure transmission. Onchain, which develops and develops Ontology, is a private company whose business is focused on blockchain solutions. The basis of the core of Ontology is the Trust Framework, which is assembled from different modules. These modules create interconnected protocols for handling identity verification and risk-free data transfer. One of the largest nodes of this systеm is the trust anchor, one or more users. They determine what information they trust and who they trust.
This whole structure has several levels. At the first level, services, things and people are checked. At the second level are the applications that need to be tested. At the next level, protocols, APIs, and modules are checked. And at the last level, all received data is compared and transmitted. The Ontology systеm is quite flexible in use as it consists of modules.
Ontology Mining
Unfortunately, Ontology cryptocurrency mining is technically not supported. It cannot be mined using computing power or using wallet staking.
How do I purchase Ontology?
You can buy Ontology, like almost any other cryptocurrency, on a crypto exchange or through a reliable crypto exchange such as Leoexchanger!
Ontology price dynamics (USD)
As of August 2022, 1 ONT costs approximately $0.235. The total market capitalization is $205,719,636.
The price movement chart is shown below:
How to store Ontology?
To store Ontology coins, it is best to use the official crypto wallet of this project. It works on Windows, Linux, Mac, Android and IOS operating systems.
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