Overview
$ONT Ontology is a public blockchain platform that aims to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It offers a high-speed, low-cost blockchain that enables users and enterprises to build blockchain-based solutions tailored to their needs. With its Ethereum Virtual Machine (EVM), Ontology ensures compatibility with Ethereum and promotes interoperability with other chains. Ontology also provides various blockchain protocols and products for Web3 applications, including decentralized identity frameworks, reputation scoring systems, and cross-chain collaboration solutions.
History
Ontology was founded in Nov. 2017, and its mainnet officially launched in June 2018. Ontology is a high-performance, public blockchain specializing in decentralized identity and data. Ontology's infrastructure supports robust cross-chain collaboration and Layer-2 scalability, offering businesses the flexibility to design a blockchain that suits their needs, while also ensuring regulatory compliance. Through Ontology's Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.
