Ontology Crypto Review – Beginner’s Guide! Unlike a number of other blockchain projects, the Ontology team is not simply targeting the financial industry. They’re focusing on government, insurance, medicine, IoT, along with other industries during its development, which makes it a wide-scale job with plenty of potentials. With a relatively long-term existence in the blockchain industry and having a clear vision for your project, it would not come as a surprise to view Ontology work hand-in-hand with NEO to reevaluate the way we do business.
Ontology is revolutionary in the sense that it allows businesses without previous knowledge of dispersed networks to utilize blockchain technology. Right now, there is no way for companies to incorporate blockchain in their infrastructure without extensive knowledge of blockchain.
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Founded by Chinese firm Onchain in 2017, Ontology is a system platform for jobs of all shapes and sizes and is a giant step in removing obstacles between the blockchain and business sector. Basically, its blockchain protocol opens the door for the worldwide adoption of blockchain technologies in businesses. It eliminates the learning curve and offers mass-customization.
You are unable to buy ONT with”Fiat” currency so you will need to first purchase another currency — the simplest to buy are Bitcoin or Ethereum then trade which for ONT at an exchange which lists the token.
Ontology will even work together with NEO to bridge the difference between blockchain technology and the real world. Even though NEO and Ontology have similar goals, NEO focuses on digital assets and a global Smart Economy whereas Ontology focuses on trust, identity, and data exchange and consent. Think of NEO and Ontology like peanut butter and jelly. They’re mutually beneficial and place together, they create a tasty sandwich.
