Review on Ontology by No David

Name: Ontology
Item: Ontology
Rating: 5

September 14, 2018

The value of the Ontology coin has grown extremely quickly since it was…

The value of the Ontology coin has grown extremely quickly since it was released, their network offers support to private blockchains for businesses or services that may require smart contracts. This is next-level Blockchain as a Service, bringing the distributed ledger to big business in usable form. Ontology is a really good neotracker platform, with good storage and distribution as well as stable value , good development team
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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. If the cooperation at the level of the Chinese government is successful, this will surely be the top 10.

Cons

Together this builds the infrastructure for a peer-to-peer trust network which is cross-chain, cross-system, cross-industry, cross-application, and cross-device. 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.