Tagged: decentralized ids

May 22, 2022 @ 10:34 pm By Omar Faridi  |  

With a goal to build the infrastructure and deliver the tools that will power Web3, Ontology has been “focused on the Decentralized Identity (DID) field since day one. ONT ID is Ontology’s decentralized identity framework, designed to be both trustless and private, empowering users and… Read More

May 22, 2021 @ 4:12 pm By Omar Faridi  |  

Ontology (ONT), a high-throughput and high-performance blockchain platform for decentralized, digital ID solutions, reports that it has successfully integrated with OKExChain. OKExChain is a set of open-source public chain projects implemented by digital asset firm OKEx. The chain has managed to achieve high performance and… Read More

April 19, 2021 @ 6:32 pm By Omar Faridi  |  

Decentralized finance (DeFi) requires a more reliable credit scoring system, however, we need to be cautious, according to Ontology (ONT) Founder, Li Jun. Jun explains that credit scores have been “a cornerstone of risk evaluation in the global banking systems for decades.” He adds that… Read More

April 11, 2021 @ 5:55 pm By Omar Faridi  |  

The developers of Ontology (ONT), a leading blockchain platform focused on decentralized ID solutions (among other use cases), recently published their weekly report in which they revealed that their community continues to grow. The update from the blockchain developers also revealed that Ontology’s decentralized identity… Read More

September 6, 2020 @ 1:51 pm By Omar Faridi  |  

Blockchain-based decentralized identity authentication services (DID) could potentially replace public certificates that are used for financial services, which may include those for mobile banking. This particular use case was recently commercialized for the very first time by South Korea’s Shinhan Bank. As mentioned in a… Read More

August 31, 2020 @ 9:07 am By Omar Faridi  |  

Ontology, a high-throughput or “high-performance” blockchain platform, has integrated its services with Fintech Plaid, which offers a data network that powers the financial technology tools used by millions of people. Following the integration, ONTO (Ontology’s native token) wallet users will be able to access Open… Read More