Review on Ontology by Nikolay Sadonin
The fundamental core Ontology is something called the Ontology Trust Framework…
The fundamental core Ontology is something called the Ontology Trust Framework, made up of the different modules that make up the interconnected protocols handling identity confirmation and safe transfers of data. One of the core parts of this framework is the trust anchor, a user or group of users that specify what and who they “trust.” The interconnected nodes from each of these trust anchors forms a sort of branch, (which they call a trust path) that can be traced back to a trust anchor.
Updated 3 years ago
Rating has not been changed
Ontology is a blockchain project designed to tackle difficulties such as approval, identity management, confidence, and approval. It provides verification, data analysis, and hardware choices for encryption. Constructed on the basis of NEP5 NeoContracts. It is intended to operate with other blockchains such as NEO, via linking ontology.
Ontology has made strong moves in its strategic relationship and given companies numerous uses. In this context, collaborations have been made with several Chinese investment businesses. Ontology has made adjusting to Blockchain easier for enterprises.
Pros
- Ontology will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Based on specific scenario requirements, Ontology will continue to develop new common modules.
Cons
- Since Ontology is primarily a way to verify identity and trust levels, data will only be run through trusted lines of transfer, with trust anchors defining what branches of the trust tree are verified. Best part no problem with that.
