Analysis Of The Coin - [ONT] ONTOLOGY

Hello my steemians friends and my followers!

Technological delicacy. Recently added project on CoinMarketCap. You will definitely pay great attention to reviews and this coin!

Right from the beginning, I advise that what is trying to do this is ambitious and not just another "public blockchain solving scalability issue with 100,000 TPS" or "cross-chain platform for global network". Ontology wants to build a public blockchain and a distributed platform to help collaborate with trustworthy entities.

Problem

Ontology wants to use the technology to connect all entities - people, businesses, schools, police, hospital banks, etc. - this is only possible if all sides of the communication are mutually certain that the opposite end is really the one to be there.

Solution

So let's take a look at what the Ontology will offer for those who want to work on modern technologies.

For those who want to use modern technology, Ontology offers the so-called framework (a general set of options that can be used for a specific purpose as needed), to which it will be easy to connect and gain access to other entities. The connection is to build up your own full-fledged blockchain, but you do not have to build it from the ground on your own. Just use the basic building blocks from Ontology (tools, services, modules, protocols, databases, smart contracts, ledger) and put together what you need. So everyone builds their own distributed service, and it does not have to be a blockchain expert.

Modules

As has been said, Ontology will provide various modules (building blocks) for various distributed scenarios, and the set of these modules will continue to expand, but anyone can write their own modules if needed. Each module will be plug-in to all others, allowing you to realize an incredible number of conceivable scenarios.

Some available modules:

• module for verifying digital identity
• Module for distributed data exchange (data exchange protocol)
• module for community management
• Trust metering module
• Module for financial transactions
• module for creating smart contracts

Onchain and NEO

Ontology will work with NEO. The Onchain team worked on Ontology. Onchain founded Da HongFei and Erik Zhang. NEO and Ontology are Onchain products.

It is good to know that Onchain is working on the Decentralized Network Architecture (DNA) system and plans to work with the Chinese government. If Onchain succeeds in this, Ontology and NEO will also succeed.

Conclusion

This is definitely one of the better projects I have seen recently. It can understand what they are building, they have been well described, and if they succeed and it will be well-used, then there will be a great deal of demand. If the cooperation at the level of the Chinese government is successful, this will surely be the top 10.

Total Supply: 1 000 000 000 ONT
Current price: 2.16 USD / 0.0003 BTC
Recommended exchanges: Binance, Huobi, Kucoin

Links

Web: https://ont.io/
Twitter: https://twitter.com/OntologyNetwork
Reddit: https://www.reddit.com/r/OntologyNetwork/
Medium: https://medium.com/ontologynetwork
Telegram: https://t.me/OntologyNetwork
CoinMarketCap: https://coinmarketcap.com/currencies/ontology/
GitHub: https://github.com/ontio/

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!!! I'm not a financial adviser, and this post serves as a good coin review. Before investing, do your own research. Do not invest in the blind, based on "someone said" !!!

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