What is Ontology (ONT)?


The ontology blockchain is a high-speed, low-cost public blockchain that brings decentralized identity and data solutions to Web3. Layer 2 blockchain, which adds privacy, transparency and trust, high speed and low cost, is designed to provide users and businesses with the convenience of creating blockchain-based solutions that meet their needs, as well as ensuring compliance. Through the Ontology Ethereum Virtual Machine (EVM), Ontology ensures seamless compatibility with Ethereum, the first step in creating an ontological multi virtual machine and increased interoperability for the chain.

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