Ontology

Key Technical Advantages:

Integrated Multi-chain and Multi-system Framework: Ontology is an integrated framework that allows interoperability between different industries, regions, blockchains, and traditional information systems. Its protocols enable mapping between different chains and systems, making it a connector between blockchains. Distributed Ledger System: Ontology incorporates a complete distributed ledger system at its core, including the Core Ledger, a smart contract system, and a security system. It uses a decoupled architecture that can support NEO, Ethereum, and other blockchains as the underlying layer. The system offers consensus, storage, and smart contract support for the upper application framework. Distributed Trust Framework: At the core of Ontology is a distributed trust framework, which uses ONT ID to connect different ID authentication services and provide a source of trust for people, money, goods, and things. ONT ID is decentralized, self-manageable, privacy-protected, and safe to use. The trust framework establishes a distributed trust model and distributed trust delivery system through verifiable claims. Standard Protocol Compatibility: Ontology implements a series of protocol standards including an identity protocol, multi-source authentication protocol, user authorization protocol, and distributed data exchange protocol. It supports a range of internationally compatible protocols, and cryptographic signature protocols including the Chinese national cryptography standard, RSA, and ECDSA. Developer and Application Support: Ontology provides infrastructure for developers to create distributed services on top of Ontology without needing to have specific knowledge of distributed systems development. It provides APIs, SDKs, and various application modules, and allows application service providers to develop their own decentralized applications (dApps) and make dApps as a Service (DAAS). It also includes advanced modules like cryptography and data protection modules, data exchange markets, global transaction databases, hybrid oracle, unlimited consensus engines, and more. Content summarized by AI chatbot

Source:

https://docs.ont.io