Review on Ontology by Amit Singh
Ontology aims to become the comprehensive, distributed trust network with a…
Ontology aims to become the comprehensive, distributed trust network with a focus on connecting traditional, real world entities to the decentralized blockchain framework. By providing some innovative new features supported by a technically advanced distributed ledger architecture, Ontology offers a suite of digital services and modules for developers and businesses alike.
Ontology serves as a profound opportunity to capitalize on these developments as a platform that can scale effectively and help advance the trustless and decentralized nature of the Internet.
Pros
- Ontology is a next-generation, public, multi-chain platform that aims to provide a single, decentralized trust ecosystem through utilizing a decoupled distributed ledger architecture, combined with a decentralized trust framework. By implementing a series of protocol standards and decentralized management modules, Ontology creates an open and standardized platform that supports a multitude of industries and connects them to blockchain based services through an interactive and collaborative environment.
Cons
- The Ontology Team are being extra vigilant and performing checks on each batch of token swaps to make sure there are no problems. So there is no problem I think.
