Tagged: ontology

Wing Finance, a Credit-based Cross-Chain DeFi Platform, Reports that Particiption in its Community Governance Increased in Dec 2020

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

Ontology and Litentry, a Blockchain enabled ID Management Layer, to Support Decentralized ID and Credit Scoring Solutions

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

Decentralized Credit System OScore will be Combined with New Inclusive Pool to Give Lenders Insight into Users’ Creditworthiness

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

Digital Asset Insiders Comment on FSOC Report

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

Ontology to Create Infrastructure for Patract Labs, a Solution Developer for Polkadot’s Parachain Contract Ecosystem

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

Ontology (ONT) to Accelerate Development of Decentralized ID Solutions by Building on Polkadot (DOT)

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

DeFi Platform Wing has been Offering Competitive Returns on Lending Ethereum, USDT, Dai, and USDC Stablecoins

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

Blockchain Platform Ontology has 82 Decentralized Applications Running on Mainnet, Over 6.1 Million dApp Transactions Completed

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

Blockchain, Cryptography, Smart Contracts are All Technologies that Allow Us to Effectively Manage Our Data, According to John Izaguirre from Ontology

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

Blockchain Platform Ontology’s ONT and ONG Tokens May be Swapped to eONT, eONG on Ethereum, Also Listed on Uniswap

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

Open Banking Style Benefits Now Available to Blockchain Platform Ontology Users, after Integration with Fintech Plaid

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

Blockchain Platform Ontology (ONT) Aims to Establish Trust in the Automotive Sector with Decentralized Digital ID Solutions

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

Blockchain Interoperability: DLT Platforms Neo, Ontology Switcheo to Launch Poly Network to Enable Cross-Platform Asset and Information Exchange

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

Ethereum (ETH) based Decentralized ID Smart Contracts are being Developed by Creators of High-Performance Blockchain, Ontology

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

Blockchain Platform Ontology Introduces “Trusted,” Decentralized Identifier based P2P Communication Network

Ontology (ONT), a “high-performance” or high-throughput blockchain platform with a market ca of over $510 million according to CoinGecko (at the time of writing), recently announced the launch of “Ontology Mercury,” which is described as a “trusted,” Decentralized Identifier (DID) based peer to peer (P2P)… Read More

High-Performance Blockchain Platform Ontology Partners NEAR Protocol to Speed Up Development of “Decentralized” Identity Solutions

Ontology (ONT), a “high-performance” or high-throughput blockchain platform for enterprises, has teamed up with the developers of the NEAR Protocol in order to speed up the development and deployment of secure “decentralized” identity solutions. The Ontology team will offer technical support for NEAR’s Decentralized Identifier… Read More

$150 Million in ONT Tokens are Being Staked on Ontology, a “High-Performance” Blockchain Development Platform

In June 2020, the Ontology (ONT) team celebrated two years since the launch of the Ontology mainnet, which aims to serve as a “high-performance” enterprise blockchain or distributed ledger technology (DLT) platform. There are currently 70 decentralized applications (dApps) that are now live on the… Read More

64 Decentralized Applications Now Live on Blockchain Network Ontology, which Recently Became Google Cloud Partner

In June 2020, the Ontology (ONT) team celebrated two years since the launch of the Ontology mainnet, which aims to serve as a “high-performance” enterprise blockchain or distributed ledger technology (DLT) platform. Last month, the blockchain developers also launched Ontology 2.0, which involved the integration… Read More

Coinbase Reportedly Planning IPO, Crypto Industry Comments on Possibility of First Digital Asset Exchange to Go Public in the US

Coinbase is reportedly planning an initial public offering (IPO) at some point later this year or early next. First reported by Reuters, the news really comes as no surprise as its valuation has risen dramatically and the digital asset sector of Fintech continues to gain… Read More

Binance has Reportedly been “Paying Great Attention” to Ontology’s Blockchain Governance and Economic Model, Might Consider Becoming a Node on the Chain

Li Jun, the founder of Ontology, a “high-performance” enterprise blockchain platform, recently noted that the Ontology development team has been working cooperatively with Binance and Binance.US on various ONT trading campaigns. The Ontology team members, whose comments came during a recent AMA session which aimed… Read More

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