Tagged: ontology

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 13, 2021 @ 12:07 pm By JD Alois  |  

As the entire crypto-sphere knows, Coinbase will complete an initial public offering (IPO) this week (April 14) in a direct listing on Nasdaq. Trading under the ticker symbol of COIN, Coinbase’s share float is perhaps the most anticipated listing of 2021 representing the maturity of… 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

March 9, 2021 @ 6:27 pm By Omar Faridi  |  

MicroWorkers has integrated Ontology’s ONTO wallet in order to facilitate additional payment options for workers. MicroWorkers’ integration of ONTO wallet completes the latest phase in their joint venture with the Ontology development team. Through the partnership, MicroWorkers plans to continue to promote users’ access to… Read More

February 23, 2021 @ 10:51 pm By Omar Faridi  |  

Blockchain platform Ontology (ONT) and Binance, the leading digital currency exchange, have a long and established history of cooperation and partnership which has led to many benefits for both sides, “none possibly more important the integration of Ontology’s Decentralized Identity Solution into the Binance Smart… Read More

February 8, 2021 @ 9:04 pm By Omar Faridi  |  

Li Jun, Founder of Ontology and the SAGA Protocol, notes that we’re now living through an “activist period” of data regulation that will most likely dictate how our economies function for “generations to come.” Jun pointed out that most industries have “precedents” for regulation that… Read More

January 2, 2021 @ 8:31 pm By Omar Faridi  |  

The developers of Wing, a credit-based cross-chain (decentralized finance) DeFi platform launched on the Ontology blockchain (in September 2020), noted that during the month of December 2020, Wing made further improvements to its current product, the Flash Pool, and also introduced its second product, the… Read More

December 19, 2020 @ 5:09 pm By Omar Faridi  |  

The developers of blockchain platform Ontology have teamed up with Litentry in order to accelerate the adoption of decentralized identity and credit scoring solutions (both created by Ontology). Through the partnership, both organizations aim to offer greater data privacy and transparency to people using digital… Read More

December 10, 2020 @ 9:26 pm By Omar Faridi  |  

High-performance blockchain platform Ontology has introduced an “Inclusive Pool” – which is the platform’s first (decentralized finance) DeFi product based on OScore. Since recently launching OScore, the “decentralized” credit system implemented on Ontology’s DeID, the team at Ontology has been working towards adding a new… Read More

December 10, 2020 @ 11:52 am By JD Alois  |  

The US Department of Treasury has published the annual FSOC report. The Financial Stability Oversight Council convenes every year to review potential systemic risks to the financial services industry. FSOC members include the top financial services regulators including the SEC, the Fed, the OCC, etc…. Read More

November 24, 2020 @ 8:14 pm By Omar Faridi  |  

Ontology, the “high-performance,” open-source blockchain that’s focused on digital identity and data, will be working with the Polkadot Ecosystem Project, which is described as a “sharded” blockchain that connects multiple chains together in a single network. According to a release, the joint venture will see… Read More

October 26, 2020 @ 11:56 pm By Omar Faridi  |  

Blockchain platform Ontology (ONT) is building on Polkadot (DOT) so that it can accelerate the adoption of decentralized identity solutions. The Ontology team noted that they will be developing applications on Polkadot, which is a sharded blockchain that can seamlessly connect several different chains together… Read More

October 3, 2020 @ 4:54 pm By Omar Faridi  |  

Wing, a credit-based cross-chain (decentralized finance) DeFi platform developed on the Ontology blockchain, was launched in September 2020. The platform has helped with laying the foundation or groundwork for building solutions to support the growth of Ontology’s DeFi ecosystem. The Ontology team claims that the… Read More

October 1, 2020 @ 11:39 pm By Omar Faridi  |  

Ontology (ONT), a high-throughput or “high-performance” blockchain for developing decentralized applications (dApps), has now recorded over 6.1 million dApp transactions on its mainnet (since it was launched). There are at least 82 dApps that have now been released on the Ontology mainnet, according to the… Read More

September 18, 2020 @ 12:42 pm By Omar Faridi  |  

John Izaguirre, the Business Director, Europe at Ontology, a high-performance or high-throughput blockchain platform, believes that privacy is a basic human right. Izaguiree notes that data is becoming a very important topic for both individuals and companies. However, he believes that the Internet is still… Read More

September 5, 2020 @ 5:38 pm By Omar Faridi  |  

The developers of Ontology (ONT), a “high-performance” blockchain network, have noted that they’ve successfully completed the development of an open-source decentralized identity (DID) smart contract, which was launched on the Ethereum (ETH) network. The Ontology team confirmed on September 4, 2020, that both its native… 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

August 25, 2020 @ 10:56 pm By Omar Faridi  |  

The developers of Ontology (ONT) have noted that they’re focused on establishing trust in the automotive industry through the implementation of a blockchain-enabled, decentralized digital identity solution that allows driving data to be recorded, stored, and verified in “a safe and secure” manner. The developers… Read More

August 20, 2020 @ 12:42 am By Omar Faridi  |  

Blockchain platforms Ontology, Neo, and Switcheo have announced the launch of Poly Network, a “heterogeneous” distributed ledger technology (DLT) interoperability protocol alliance. The Poly Network will enable cross-platform interoperability, which should significantly increase transparency and accessibility. As mentioned in a blog post by Ontology: “Enterprises… Read More

August 16, 2020 @ 6:24 pm By Omar Faridi  |  

Ontology (ONT), a high-performance or “high-throughput” blockchain platform with a market cap of over $510 million according to CoinGecko data, revealed on August 14, 2020 that it has completed the development of the next stage of its open-source DID smart contract – which has been… Read More