Ontology is a new generation of public basic chain project & distributed trust collaboration platform. Ontology provides a new generation of high-performance basic public chain, including complete distributed ledger and smart contract system support. At the same time, the Ontology architecture supports the public chain network system. In addition to providing basic public chain services, the Ontology blockchain framework supports the customization of public chains for different applications, and supports chain network collaboration through different protocol groups. On the base layer, Ontology will continue to provide general-purpose modules in various distributed applications, such as distributed identity frameworks, distributed data exchange protocols, etc. to support distributed trust collaboration components, and will continue to expand new general-purpose modules according to application requirements. module.
ONG (Ontology Gas) is the second utility token of the Ontology network, which represents the right to use the Ontology network. The operation of Ontology requires the support of various nodes. Ontology ensures the stability and security of the network by paying the operating fees of various nodes ONG. ONG is compensation for network contributions.

Project Value

The Ontology trust network has built a distributed and integrated trust system, which coordinates the diversity of trust under an integrated protocol system, and integrates distributed multi-dimensional entity authentication systems and various blockchain systems with The information system incorporates multi-source identity authentication and multi-source information exchange protocols, and provides open basic modules for different distributed application scenarios, realizes a distributed point-to-point trust system, and builds cross-chain, cross-system, cross-industry, cross-application and cross-terminal A distributed trust infrastructure system. On the basis of distributed entity and data trust, Ontology Trust Network proposes further expanded ecology and applications, extending the application of trust to many dimensions, from entity authentication to data exchange, from distributed processes to distributed communities, from distributed Transactions to distributed reputation, combined with the underlying blockchain distributed ledger system, and various service partners to provide diversified trust services in different regions and fields, forming part of a new generation of global trust network infrastructure.

Application scenario

Finance
Trading field: Trading
Wealth management: Wealth management
Derivatives trading: Derivatives trading
Collateral management: Collateral management
br> Supply chain finance: Supply chain finance
Internet of Things IoT
Payment equipment: Device-to-device payments
Automated operations: Automated operations
Grid management: Grid management
Smart home management: Smart home management
Office management: Office management
Payments
Micropayments: Micropayments
B2B international remittance: Business-to-business
international remittance
Tax filing and statistics: Tax filing and collection
Know your customer: Know your customer (KYC)
Anti-money laundering: Anti-money laundering (AML)
Consumer
Sharing economy: Sharing economy
Supply chain management: Supply chain
Drug tracking: Pharmaceutical tracking
Agricultural food certification: Agricultural food authentication
Logistics management: Shipping and logistics management
Insurance
Claims filing: Claim filings
Claims processing and management: Claims processing and admin
Fraud detection: Fraud detection
Telematics and ratings : Telematics and ratings
Digital authentication: Digital authentication
Media
Digital rights management: Digital rights management
Art authentication: Art authentication
Advertising: Ad placement
Real statistics of ad clicks: Ad click fraud reduction
Resale of authentic assets: Resale of authentic assets
Software Development
Micronization of work: Micritization of work
Manual payment: Disbursement of work
Direct payment to developers: Ad placement direct to developer payments
API interface platform: Ad placement API platform
Notarization and certification: Ad placement notarization and certification
br> Asset Titles
Diamonds: Diamonds
Designer brands: Designer brands
Car leasing and sales: Car leasing and sales
Home Mortgages: Home Mortgages
> Land title: Land title ownership
Digitization of physical assets: Digitalization of assets
Medical
Medical record sharing: Record sharing
Prescription sharing: Prescription sharing
Multiple Authentication: Multi-factor authentication
Personalized medicine: Personalized medicine
DNA sequencing: DNA sequencing
Government
Voting: Voting
Vehicle registration: Vehicle registration
Benefits distribution: Benefits distribution
Copyright protection: Copyrights
Education and certification: Education certificates