Ontology(ONT)

Overview

Ontology (ONT) is a public blockchain project launched in 2017 by the Chinese blockchain company OnChain, offering distributed identity (DID) and data exchange protocols as core modules. OnChain is also known as the team behind the NEO blockchain, and Ontology was designed to let businesses adopt blockchain technology without replacing their existing systems entirely.

Ontology is not intended to operate as a single chain; it is a framework that allows organizations to use public and private chains together, with protocol groups that support collaboration between chain networks. The network uses a dual-token structure, ONT and ONG, separating staking and governance from the payment of network fees.