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Review on Ontology by Redefined Vault

Revainrating 4 out of 5

This is definitely one of the better projects I have seen recently. It can…

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.



Pros
  • Ontology aims to use cryptographic techniques and distributed ledgers to facilitate proving identification and ownership in a more secure and efficient way. The team hopes to solve fundamental problems in identification systems that are a result of the archaic methods of the past that are still in use today.
Cons
  • The process might seem extremely rigourous for beginners who aren't already conversant with Blockchain technology