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5 Karma
Review on Ontology by Nelly Morgan
Onchain is a Chinese technology company that has developed enterprise block…
Onchain is a Chinese technology company that has developed enterprise block chaining and distributed network architecture (DNA) since 2014. Co-founder Da HongFei and CTO Erik Zhang started developing NEO / GAS Blockchain (originally called Antshares) in April 2016, 22 months later. Then Onchain released an ontology in November 2017.
Ontology is intertwined with Neo and there is a difference between the ontology and the NEO block chain. First, HonFei and Zhang have released NEO but they are separate units from Onchain. Ontology Network is another company of Onchain and NEO. The ontology is not actually a block-chain project, but a block-chain network. Designed to migrate to the Distributed L / R model without compromising the proprietary enterprise platform.
It is a private space in public block chains and provides all the technology without compromising security.
Pros
- Ontology is an enterprise-class version of the Ethereum-based onchain blockchain. This is a closed loop that protects data and systems as a security blocking chain for all businesses. This is blockchain for the next service level and puts the distribution ledger into a usable form. ONT is the same ontology as NEO, and ONG drives the block chain
Cons
- Hard to tell
