Review on Ontology by Kingsley Morgan

Name: Ontology
Item: Ontology
Rating: 4

September 13, 2018

Onchain developed Ontology in 2017 to enable companies to implement trust…

Onchain developed Ontology in 2017 to enable companies to implement trust mechanisms and meet individual business needs. In summary, the ontology was developed to bridge the gap between private and public blocks. This technology was previously developed to eliminate the learning curve that companies need to integrate Blockchain into their infrastructure.
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The ontology is part of the Open BlockChain Foundation fund established by NEO. The Foundation works with universities and research teams to develop block-chain technology around the world.
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Pros

The ontology network is a new generation of public chain infrastructure as well as distributed trust cooperation projects. We build the infrastructure for peer-to-peer (P2P) trust networks that are networked, cross-system, cross-industry, cross-application, and cross-device. The basic concept of a public platform is to remove the barriers between the block chain and the economy. The ontology is used in conjunction with the NEO.

Cons