What is Ontology?

With a twenty – four – hour market cap of $161,719,115, today’s Ontology price is $1.12. In the previous 24 hours, the rate of ONT has increased by 3.1 percent. There are 880 million ONT coins in circulation, with an overall capacity of 1 billion. Binance seems to be the most prominent platform right now if you want to buy or sell Ontology.

Features of ontology

Ontology is a modern community blockchain initiative with excellent performance and a distributed trust cooperation platform. It offers new high-performance public blockchains with a variety of distributed ledgers and smart contract technologies. Ontology is a blockchain framework that can create multiple public blockchains for different applications and supports public blockchain systems. With its different protocol groups, it also facilitates collaboration amongst chain networks. They will continue to offer standard modules on the underlying infrastructure for many distributed situations, such as distributed digital identity frameworks, distributed data exchange protocols, and many more.

Moreover, the Ontology architecture works with the intention of not functioning as a single blockchain. Instead, the technology will enable firms to use both a private and public blockchain to their full potential. In a independent system, every data transaction is verified, which means that no single person or authority can seize management of the system.

Popular markets to trade in ONT

Because ONT is a unique cryptocurrency, it is available on a number of prominent exchanges on a daily basis. Binance,  Digifinex, VCC Exchange, HitBTC, and Bitcoin.com are among the major ONT exchanges. Aside from these exchanges, there are a number of others that deal in ONT on a daily basis. Other exchanges may be found here.