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9 Karma

Review on Ontology by Aiden McNair

Revainrating 4 out of 5

Ontology is a cryptocurrency company on the NEO platform aiming to create a…

Ontology is a cryptocurrency company on the NEO platform aiming to create a distributed identity system, data exchange, data collaboration, procedure protocols and more on a peer-to-peer blockchain ledger system. Ontology was created to be a distributed ledger network aiming to combine a few distributed systems, like data exchange and an enhanced identity theft system



Pros
  • Ontology helps wuth Copyright protection of data. Ontology stores, manages, and attests data throughout its lifecycle.
Cons
  • They should look to expand more. Most of their team is concentrated on one part of the world and this doesn't aid acceptability in any way