- As a new technology, blockchain continues to be a technical subject that requires a considerable amount of knowledge for companies to integrate into their processes. Ontology enables companies to implement blockchain solutions without necessarily having prior knowledge of the technology. It helps companies and individuals to become active managers of their data.
- Ontology operates on the NEO blockchain, which does not charge fees and records up to 1,000 transactions per second compared to competitors like Ethereum, which only handles 15 transactions per second.
- It is a network of blockchain distributors that combines distributed identity verification and several industry specific modules. The NEO platform it's built on also features features that make it impossible to crack even using supercomputers, something other blockchains have yet to achieve.
- Ontology did not create its own blockchain. Instead, it runs on the Neo blockchain with its native currency, ONT being a NEP 5 token.