ON

Ontology

ONT
Layer 1Rank #94Ontology

$0.0424

+1.31%24h
+2.89%7d

Market Cap

$39.60M

Volume 24h

$3.73M

Vol / Market Cap

9.43%

Rank

#94

ONT Price Chart

About Ontology

Ontology is a blockchain focused on digital identity and data solutions.

Ontology is a blockchain platform designed for digital identity, data security and enterprise solutions.

How It Works

A blockchain focused on decentralized identity and data integrity. It allows businesses to verify users and protect sensitive information without storing it on a central server, ensuring privacy and regulatory compliance.

Use Cases

Enterprise Data Identity: Used to manage decentralized identities (DID) and to pay for the secure sharing of data between businesses without a central middleman.

Tokenomics

Data Privacy & DID: Used to pay for decentralized identity (DID) services and secure data sharing. It focuses on the "Internet of Trust," where businesses can verify user data without actually seeing or storing it.

Risks & Considerations

High competition for corporate "blockchain-as-a-service" from giants like Microsoft and IBM.

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