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Review on Ontology by Julio Arvelo

Revainrating 5 out of 5

They has designed a hyper-converged chain group in the form of a matrix grid…


They has designed a hyper-converged chain group in the form of a matrix grid. This includes:
- Public Service Chain
- Application Chain
- High-Performance Blockchain Framework
- Protocol Groups: Ontology Identification Protocol, User Authorization Protocol, Distributed Data Exchange Protocol and Cross-Chain Asset Exchange/Business Collaboration Protocol.

This allows for customizable collaboration chains, building unique and fitting business models and collaboration opportunities.



Pros
  • Ontology is a high-performance public multi-chain project whose main feature is the trust. Trust established between businesses and projects they are involved with. Their network offers support to private blockchains for businesses or services that may require smart contracts. These chains are designed to meet specific industry and governance needs, but can also be connected to obtain basic services, modules, and other support. With this system there is improved independence in differents areas like business, governance models, and further expansion.
Cons
  • Don't have cons.