1 Level
15 Review
22 Karma
Review on Ontology by Tiger Lee
Talking about Ontology, Da explained how it will work with multiple systems to…
Talking about Ontology, Da explained how it will work with multiple systems to provide a solution for ordinary businesses to run on blockchain. Its open infrastructure for distributed trust allows users to compile, control, and authorize use of their identity information and other data, turning ordinary data into tradable data assets. Da further explained how NEO can be used in Ontology to issue tokens and trade them with NEX.
Pros
- In the evening Ontology held a join meetup with NEO, which brought together the China and US blockchain communities to share knowledge and ideas, answer further questions, and discuss the future development of decentralized projects between the two regions.
Cons
- The Q&A session for Li’s speech cleared some questions surrounding Ontology. Li explained the ecosystem supports multiple blockchains and can act as an index for where data is stored. Li also emphasized the government support for blockchain development in China, and pointed to Onchain’s existing collaboration with Chinese local government to track and manage identity information.
