Ontology seeks to provide companies with the advantages of blockchain technology by allowing them to customize it to their particular needs while keeping their data safe and protected. Namely, Ontology lets its users build their private blockchains on top of the main public one. This is particularly beneficial for enterprises that require flexible networks where they can maintain their own governance model. Additionally, Ontology supports cross-platform operations, which means that users can seamlessly conduct transactions and share information with other networks such as Ethereum and Neo. Ontology blockchain also functions as an excellent platform for decentralized applications and smart contracts, which facilitates the process of transferring data on the network.
Ontology coin is a cryptocurrency that ensures the operability of Ontology blockchain. Users employ it as a means to receive rewards by staking it to improve the network’s security. It is important to mention that the users who stake ONT are rewarded with Ontology Gas (ONG), Ontology’s second token that serves as a tool for on-chain applications and transactions.
Ontology Payment Benefits:- Availability
Ontology cryptocurrency has a total supply of one billion coins and can be easily purchased at numerous exchanges, including Binance, Cex.io, and Bitcoin Suisse. - Robust Blockchain
Ontology coin is backed by its blockchain, which is secure and offers opportunities for other businesses to develop their own solutions. - Quick Transactions
Ontology can process thousands of transactions per second which results in fast crypto transfers.