What does Ontology do?
Ontology (CRYPTO:ONT) is a high-performance blockchain project and trust network driving the creation of a new trust infrastructure for the Web 3.0 era. It offers middleware products and services, enabling secure and efficient data verification and exchange for businesses.
Their "Ontology ID" initiative empowers users with control over their digital identities and data. Additionally, the "Ontology Distributed Identity (DID)" project provides a secure blockchain-based digital identity solution. The "Ontology DID Service (ODS)" offers a range of DID-related services, including issuance, management, and verification. Meanwhile, the "Ontology Trust Network (OTN)" establishes a decentralized trust network for users to share and confirm trust information.
Ontology's core objectives are the development of a new trust infrastructure marked by security, transparency, and efficiency. This empowers businesses to securely and effectively verify and exchange data. Their commitment to innovation is evident through projects like decentralized identity solutions and trust networks.