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Venezuela
2 Level
86 Review
264 Karma

Review on Ontology by Eve Vallenilla

Revainrating 4 out of 5

digital bridge between commerce and blockchain technology

One of the greatest attractions of blockchain platforms for regulars of digital commerce, is given in the first place, by the speed of asset management that the network provides and another by the security and ease it offers to access its infrastructure for development of applications of diverse uses.

Ontology is a blockchain solution that seeks to fill the gaps in other platforms around these elements that are so important to users.

But how does Ontology help us?

 Savings in rates:

Because Ontology operates within the NEO network, no cost is incurred for the use of the platform to transact assets.

 Speed:

Another advantage that Ontology inherits from the NEO chain is the ability to manage a large volume of operations per second (1000), which covers two of the main requirements of traders, companies and investors: speed and efficiency in handling large amounts. of data

 It works as a provider of blockchain services for different uses and applications in the industry

 Provides network security through data encryption, which reduces vulnerability to risks of electronic attacks and malicious manipulation

 Allows you to customize smart solutions for public networks

 Provides the access channels necessary for identity validation

 Provides a private network that protects valuable information from third-party exposure

 Protect the property of your assets through innovative security mechanisms

 It has a versatile infrastructure that handles four layers with particular functions for each case, whether at a personal, corporate, asset and application level. These layers, despite having specific functions, are linked to each other, for the management of identity validation and non-custodial solutions.



Pros
  • Ability to develop solutions tailored to each need
  • It allows integrating suitable solutions within each organization without complex procedures
  • Provides autonomy to users on the management of their data
  • Does not apply fees for executing transactions on the network
Cons
  • No disadvantages