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1) Ontology is a multiblockchain project. Means they got more than 1 chain. it's an ecosystem consisting of private blockchains witch are communicating with each other. Business can use this technology to communicate with other businesses or their clients in safe way. (To make it easy Ontology is not a single blockchain, but network of blockchains). 2) They are trying to help companies with close to zero knowledge, implement blockchain technology. They want with easy way using API to carry…

Pros
  • 1) Multiblockchain project consisting of private blockchains + use case. 2) Helping bussineses to implement blockchain without big knowledge nor infrastructure rebuild. 3) Basic network of 4 chains. ( Ontology chain network). 4) Chinesse project founded by Onchain. (relationship with Neo). 5) Ontology is more like addition to Neo not competition. + example. 6) Ontology and NEO signed a memorandum of understanding. 8) Mainnet live 9) Dual token blockchain system (They own 2 tokens just like neo) 10) Smart contracts and Dapps creation.
Cons
  • 7) Ontology depend on Neo. (Ontology can't exist without Neo) 11) Hard whitepaper to read for new people in crypto + one example how ont can be used in healthcare

ontology is the good blockchain dependent cryptocurrency. it customizes blockchain for different applications for giving the best service to users. also, it is listed on major exchanges like binance. ontology is one of the choice of coin for users.

Pros
  • ontology is the high-performance public blockchain project. The ontology customizes different public blockchain for different applications. the common applications of ontology are - ONTO, ONT TSE, ONT DDXF. There are the different use of these applications like digital assets, connecting services to individuals, financial security.
Cons
  • the team is not much active and support is less.

Overall ontology is the best project for businesses as ontology removes barrier between blockchain and business sector. also ontology acquire high market cap in crypto market. but support service is slow it should be fast.

Pros
  • Ontology is the public platform for all type of project and is giant step to remove barriers between blockchain and business sector. ontology is revolution which allows businesses to know about blockchain. Also ontology does not perform any ICO. Ontology will also work together with NEO to bridge the gap between blockchain technology and the real world and ontology is also listed on major exchanges thats why people can easily trade with ontology.
Cons
  • There are no major cons about ontology project but some minor drawbacks like, support service is very late. and as the coin is chinese, chinese government may take action if they feel their own identity/reputation system is threatened.

Revainrating 5 out of 5

Decentralized platform in the style of NEO.

This is a decentralized platform whose main objective is the implementation of the chain of companies with companies offering different solutions. its main competitor in purchase to its characteristics and use is Neo, although both are developed by the same company. This cryptocurrency is not minable, users with Ontology are rewarded with Gas. It is compatible with multiple programming languages, this is more directed to the decentralized development of DAPPs. It offers solutions related…

Pros
  • It supports multiple wallets.
  • Available in important exchanges.
  • Highly competitive and highly trained development team.
  • Platform compatible with multiple platforms, due to its programming versatility
Cons
  • This platform is still in development.
  • It has a large amount of competition, because there are other projects focused on this business area.

Revainrating 4 out of 5

Ontology ecosystem

Chinese project from the NEO umbrella, as far as I know, and thus NOT Ethereum related (like is erroneously mentioned in the project profile details), I believe. Besides that, they have their own blockchain and so ONT is a native coin. According to their own words: "A new high-performance public multi-chain project & A distributed trust collaboration platform". The project is very high tech with a lot of different applications. And they have recently introduced a sharding implementation…

Pros
  • Huge backup from china so many chinese leaders support ontology
  • Aqquired huge market cap
  • They haven't done ico they started with ontology with airdrops
  • Great project with have already enabled huge smart contract ecosystem
  • Ontology aims to use cryptographic techniques
Cons
  • Although a strategic partnership exists between NEO and Ontology, one can hardly deny the fact that both have similar models of functionality
  • Chinese government is often said to be a supporter of the NEO project, there is no denying that it basically harbours a rather strong anti-crypto stance.

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.

You can store ONT it on virtually all wallets as soon as you get it, including hardware wallets such as Ledger Nano S and Trezor. It’s probably best to download a wallet like Neon Wallet that will display ONT as some may not display ONT after the drop. However, you will still be able to retrieve the ONT from the airdrop by integrating your wallet with wallets that support the display of ONT. Ontology Network is a blockchain/distributed ledger network which combines distributed identity…

Pros
  • The topics that JSO covers range from small-scale everyday interactions to encompassing societal institutions, from expert teams to hierarchical organizations, and from unintended consequences to institutional design. The journal provides a forum for exchanges between scholars of diverse disciplinary and methodological backgrounds. In addition to major articles, JSO publishes review essays, discussion articles, and book reviews.
Cons
  • What is interesting about ONT is that it never had a public ICO sale. The only way to get NEO at this point is to get it airdropped via holding NEO on exchanges or private wallets (must be holding NEO by March 1). For each NEO coin you own, you’ll get 0.2 ONT in two phases (50% are immediately tradable, the other 50% are locked).

However, the crypto community has often confused the roles of projects among each other. It should be clarified that NEO does not own Onchain nor Onchain own NEO. In a Youtube interview, Da Hongfei clears up the confusion with the companies roles.

Pros
  • Ontology is a blockchain/distributed ledger network which combines a distributed identity system, distributed data exchange, distributed data collaboration, distributed procedure protocols, distributed communities, distributed attestation, and various industry-specific modules.
Cons
  • ONT was airdropped to NEO holders in March 2018. From this airdrop, 20 million ONT were distributed to the community by the NEO Council. There will be a max supply of 1 billion ONT tokens which are indivisible, and you’ll get Ontology GAS (ONG) from holding ONT (similar to how NEO GAS functions). Ontology had previously awarded 1,000 ONT tokens to everyone who signed up to their newsletter (which is now closed).

Ontology provides the foundation for distributed application services. Smooth collaboration between systems assures a solid trust network, this technology was previously developed to eliminate the learning curve that companies need to integrate Blockchain into their infrastructure.Ontology is a quite innovative project that allows the integration of several Blokchains by means of its protocols and that in turn grants a totally decentralized model, where modules can be developed that distribute…

Pros
  • Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups. Ontology was created as a way for businesses of all sizes to install blockchain technology within their company, without having to completely change all of their current systems. Ontology supports collaboration amongst chain networks with its various protocol groups.
Cons
  • ONT provided a large amount of airdrop program to NEO holders which is mean it will dumped its own prices through the free coin they received, its absolutely will make ONT seems weak once. Ontology (ONT) is a smart contract ecosystem designed to revolutionize the way we deal with identity verification by anchoring this data to a blockchain based network.

This technology was previously developed to eliminate the learning curve that companies need to integrate Blockchain into their infrastructure. The ontology supports collaboration between chain networks with different protocol groups. The ontology provides a common module for a variety of distributed scenarios in the underlying infrastructure, such as distributed digital identity frameworks and distributed data exchange protocols, Ontology is listed on major or biggest exchanges.

Pros
  • Ontology supports collaboration amongst chain networks with its various protocol groups.Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. They also have a Technical Scheme of compensation for the community that encourages all those developers to undertake and use the technology of "Ontology" for their endeavors.
Cons
  • The volume of daily transactions despite being well positioned in CoinmarketCap, you need more movement that can be linked to the online promotion that has the currency.

Revainrating 4 out of 5

They also have a Technical Scheme of compensation for the community that…

They also have a Technical Scheme of compensation for the community that encourages all those developers to undertake and use the technology of "Ontology" for their endeavors. ONT only began trading in March, 2018 and the history behind it is the more interesting. Unlike many of the startups that get into cryptocurrency via ICOs, Ontology carried out an airdrop. It involved 20 million ONT tokens being given to NEO holders at the time of the airdrop. It works similarly to NEO in that it utilizes

Pros
  • Ontology is also going to connect with other blockchains, like NEO. Ontology aims to create a trust ecosystem by partnering to provide distributed services that include data verification, data exchange, and lots more across different industries and ontology is a new project launch recently, ontology team is always active on social media, devlopment team of ontology have vast knowledgeCons.
Cons
  • Building upon lessons learned from other cryptocurrencies like Bitcoin, the founders of Ontology want to bring reduced counter party risk, improved security, and the benefits of distributed systems to identity management. Ontology was launched in November 2017 by the Chinese company Onchain. Think of NEO and Ontology like peanut butter and jelly. They are mutually beneficial and put together, they make a tasty sandwich.

Revainrating 5 out of 5

Ontology can be considered as one of the greatest introductions to the…

Ontology can be considered as one of the greatest introductions to the cryptocurrency market in the recent past.

Pros
  • No ICO was held, but distributed many free coins and made people aware of the coin. Very generous team and thanks for that.
Cons
  • Not suitable for business who want to keep their data and information private and secret because the public ledger is always active and blockchain is open source.

Revainrating 4 out of 5

Ontology is a flexible and incorporated decentralized trust arrange and a…

Ontology is a flexible and incorporated decentralized trust arrange and a foundation for the development of solid biological systems. Cosmology can advance certainty and use how all structures, sizes and innovations, diverse business situations and consistence necessities pass on the ontological chainmark and use a decentralized trust organize.

Pros
  • Ontology is an open stage for building a decentralized trust biological community. As such, Ontology gives the establishment to circulated application administrations. Smooth cooperation between frameworks guarantees a strong trust arrange. The innovation and its clarification looks rather confused, so it's great that the venture group endeavored endeavors and made the most point by point documentation, including White Paper, as well as extra archives, in which it is conceivable to consider the task of the framework in detail.
Cons
  • Ontology have not any unique cons but rather some of them like philosophy venture nation of starting point is china which is strict about digital money principles and direction.

As seen on it's Website which sums up the entirety of the project " Ontology Network is a blockchain/distributed ledger network which combines a distributed identity system, distributed data exchange, distributed data collaboration, distributed procedure protocols, distributed communities, distributed attestation, and various industryspecific modules. Together this builds the infrastructure for a peer-to-peer trust network which is cross-chain, cross-system, crossindustry, cross-application…

Pros
  • Ontology Network is a public platform for building a decentralized trust ecosystem. In other words, Ontology provides the foundation for distributed application services. Smooth collaboration between systems assures a solid trust network. The technology and its explanation looks rather complicated, so it's good that the project team made efforts and created the most detailed documentation, including not only White Paper, but also additional documents, in which it is possible to study the operation of the system in detail.
Cons
  • No real product yet out and adoption to justify it's huge market cap.

Ontology is rapidly growing and increasing project and will soon have private transaction options (similar to projects like Zcash), and will support both private and public transactions depending on future scenarios. For dApps, Ontology’s blockchain is focussed on serving enterprise needs, so it aims to support different legal systems and regulations. With regards to NEO and Ontology, the two entities have a technical cooperation, but the two teams are distinct and separate

Pros
  • ontology is now being adapted to create dApp and support chains for corporate partners that have been continuously tested before final release. In addition to identity verification, Ontology provides distributed data exchange mechanisms, distributed electronic contract modules, and signature services. These focus areas aim to create a bridge that synchronizes and connects different business scenarios.
Cons
  • The technology is new and widely untested and as such is prone to error and bug or much worse as the case may be

Ontology is a cryptocurrency company on the NEO platform aiming to create a distributed identity system, data exchange, data collaboration, procedure protocols and more on a peer-to-peer blockchain ledger system. Ontology was created to be a distributed ledger network aiming to combine a few distributed systems, like data exchange and an enhanced identity theft system

Pros
  • Ontology helps wuth Copyright protection of data. Ontology stores, manages, and attests data throughout its lifecycle.
Cons
  • They should look to expand more. Most of their team is concentrated on one part of the world and this doesn't aid acceptability in any way

Ontologies is a versatile and integrated decentralized trust network and an infrastructure for the construction of reliable ecosystems. Ontology can promote confidence and utilize how all forms, sizes and technologies, different business scenarios and compliance requirements pass on the ontological chainmark and utilize a decentralized trust network.

Pros
  • ontology provides a public block chain containing a number of complete distributed librarians and intelligent contracting systems. The ontology block chain framework supports a common block chain system and allows you to customize various public block chains for various applications. The ontology supports collaboration between chain networks with different protocol groups. The ontology provides a common module for a variety of distributed scenarios in the underlying infrastructure, such as distributed digital identity frameworks and distributed data exchange protocols
Cons
  • None

Revainrating 4 out of 5

Ontology was created as a way for businesses of all sizes to install…

Ontology was created as a way for businesses of all sizes to install blockchain technology within their company, without having to completely change all of their current systems. the team behind Ontology wanted to make it a simple process, making it perfect for businesses who have no knowledge of blockchain technology. I feel they've done well in a really short time snd are clearly heading to Greater heights.

Pros
  • The have the technology to help bring in more millions into the Crypto space. When normal businesses look to implement blockchain technology, ONT would be a reliable option out of what we have already
Cons
  • I lost in their few giveaways even though I put in so much hardwork. The product is genuine but I believe their giveaways should also get benefited by core followers

It is a private space in public block chains and provides all the technology without compromising security.his feature is another significant time saver as a traditional trust network would take years to build. For businesses interested in utilizing Ontology, transparency and security concerns are assuaged with it's distributed trust architecture. In terms of real-world usage, the potential of the Ontology network is practically unlimited.

Pros
  • Ontology aims to address that Blockchain Scalability problem by introducing a new high-performance blockchain which serves as a distributed trust collaboration platform. Professional developers inside, and having a strong partnership with NEO, by having a good benefits its make ONT more popular among public crypto through their project and program, this will make ONT more strong in the future. This technology was previously developed to eliminate the learning curve that companies need to integrate Blockchain into their infrastructure.
Cons
  • Ontology will form a network of support for the NEO ecosystem, if all hooks and cranny are looked into and explored, I believe they will tend to reach more end users.

if we look about this project, then we can found that it is a great project having great potential also it can be ideal for the small to medium businesses who do not have the expertise to implement their own business.

Pros
  • Ontology is the best cryptocurrency in today's cryptomarket. It is the awesome project. Ontology is ideal for the businesses purpose because of- no prior knowledge of blockchain tech. is required. It has limitless potential also a great team.
Cons
  • Ontology origins in one of the strictest nations for the crypto regulation i.e china. also, the project is still in early days.