05/30/2024
BTC67,953.0
ETH3,923.76
USDT0.998912
BNB594.83
SOL171.09
USDC1.0
XRP0.537005
DOGE0.171579
BUSD1.002

Ontology (ONT) Price

ONT
4,5
$0.316645
Market cap
285,738,729.0
Total volume
8,576,471
Circulating supply
900,697,857
Total supply
1,000,000,000
Ontology emerges as a cutting-edge public blockchain initiative and a platform for distributed trust collaboration. It pioneers in delivering high-performance public blockchains, which encompass a comprehensive suite of distributed ledgers and smart contract systems. As a versatile blockchain framework, Ontology enables the customization of public blockchains for various applications, while facilitating interoperability among chain networks through its diverse protocol groups. It is dedicated to continually offering universal modules on the foundational infrastructure to support assorted distributed scenarios, including distributed digital identity frameworks and distributed data exchange protocols.

Founded in 2017 by the Chinese enterprise OnChain, spearheaded by visionaries Erik Zhang and Da HongFei, Ontology was born. OnChain's establishment has significantly marked the cryptocurrency sphere, particularly with their inception of the NEO blockchain—a venture that has escalated into a venture worth billions. Ontology's genesis was driven by the ambition to enable businesses of varying magnitudes to integrate blockchain technology into their operational frameworks seamlessly, without the need for overhauling existing infrastructures.

The essence of the Ontology framework lies in its design, which is not confined to a singular blockchain. Rather, the technology presents businesses the capacity to harness the benefits of both private and public blockchains. This ensures that every data transaction is authenticated within a decentralized setting, thereby eliminating any possibility of network control by a single entity or governing body.

Homepage: https://ont.io/
Twitter: OntologyNetwork
Facebook: ONTnetwork
Telegram: OntologyNetwork
Reddit: ontology

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