Ontology (ONT) Collaboration Among Chain Networks

INTRODUCTION

Ontology describes itself as a provider of high-performance public blockchains, which includes distributed ledger and smart contract systems.The Ontology blockchain framework reportedly supports public blockchain systems that can be customized for different applications. Ontology supports collaboration among chain networks with its various protocol groups.

Ontology aims to constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework and distributed data exchange protocol. Ontology intends to continue developing new common modules based on specific scenario requirements.

PARTNERSHIP IN ONTOLOGY

Ontology Partners With German Startup to Accelerate Supply Chain Identity Solutions

Ontology has partnered with digital identity specialist Spherity to expedite the development of ID solutions across the supply chain.Ontology recently partnered with German digital identity and cloud wallet provider, Spherity, to collaborate on expediting development on digital identity solutions for products and enterprises.

The partnership will see Spherity’s Cloud-Edge wallet integrate with Ontology’s (ONT) blockchain, and allow Ontology to use Spheriy’s Decentralized Digital Identity solutions.

The two firms will work together on creating proof-of-concept pilots demonstrating applications for digital identity within the context of supply chain, mobility, and pharmaceuticals — leveraging Spherity’s existing customer base.

Ontology and Spherity will also collaborate on research and marketing initiatives. 

Ontology (ONT) Partners with German University

Ontology, the high-performance enterprise blockchain and distributed collaboration platform, and Berlin’s Hochschule für Technik und Wirtschaft (HTW) University, have signed a Memorandum of Understanding (MOU) to explore joint research and teaching initiatives, with a view to developing blockchain applications.

The agreement will include the delivery of a tailored fellowship degree based on smart contracts, token economics, and the exploration of tangible use-cases. With a strong focus on the digital economy, HTW students will have the opportunity to take part in the development of three unique Proof of Concept (PoC) projects.

Founded in 1994, HTW is Berlin’s largest university for applied sciences with almost 14,000 students. The educational exchange will be facilitated through the Ontology Blockchain Academy arm, where Ontology will be the exclusive blockchain and Distributed Ledger Technology (DLT) provider used over the course of the academic year.

Ontology Partners With Spherity To Advance Digital Identity Solutions

Ontology, the high-performance enterprise blockchain and distributed collaboration platform, has announced a partnership with German decentralized digital identity specialist Sphericity.

This strategic partnership will see the integration of the Ontology blockchain into Spherity’s Cloud-Edge Identity Wallet, and will allow Ontology to harness Spherity’s blockchain-agnostic Decentralized Digital Identity solutions across public and permissioned blockchains. The remit of the partnership will also extend to the creation of Proof-of-Concept (PoC) pilots around supply chain, mobility, and pharmaceutical verticals, along with joint research and marketing initiatives. The primary objective of the partnership is to deliver enterprise solutions for cross-border supply chain resilience and transparency.

Dr. Carsten Stöcker, CEO of Spherity, said, “The ambition and vision of the Ontology team directly correlates with Spherity’s own roadmap, both in terms of expediting the deployment of blockchain solutions globally, while also firmly imbuing the principles of trust and security in digital identity solutions. Ontology will provide invaluable access into key Asian markets for our bespoke cloud technology, and we are delighted to boost Ontology’s European presence, given our rich history of operations in Germany, Switzerland, and Austria.”

Ontology Partners With Moonstake For Staking Growth And Marketing

Ontology blockchain announced a strategic partnership with Moonstake on Mar 30 to drive staking growth and thus decentralization, as the latter specializes in the development of staking pool protocols for blockchain systems and provision of blockchain services. Moonstake intends to develop an Asian investor community to assist adoption, grow staking activity and accelerate industry adoption of Proof of Stake (POS) algorithm. Further, marketing efforts for both companies will be bolstered by Moonstake’s partner Binarystar. Binarystar has previously helped Ontology project in setting up offices in Tokyo, Japan.

“Moonstake will start staking Ontology’s “ONT” coin inside its staking pool. Through this partnership, we will collaborate with Ontology in the technology infrastructure and public relations. Moonstake’s partner Binarystar will also support marketing efforts for this partnership and both companies by event organization and local community development.”

Ontology (ONT) and OGQ Partner to Fight Against Infringement of Copyright Laws

Creatives have a hard time protecting their work. Writers, musicians, illustrators, and others can bitterly narrate how their masterpieces have been duplicated even with protection from Intellectual Property (IP) laws. Luckily, blockchain can be used to create a reliable anti-counterfeit infrastructure. For its provenance, Ontology has partnered with OGQ – a global platform for connecting creators with fans – to protect artists against copyright laws violators

The deal sees over 250 million emojis, fonts, videos, music, and others uploaded by the over 14 million OGQ users. OGQ was launched in 2011 and aims to be the go-to social media platform for content creators. It will now leverage the high-performance Ontology blockchain for copyright protection.

Through the enterprise-grade blockchain, clients and fans can purchase interesting products like memes using on-chain tokens compliant with Ontology’s OEP-4 standard. At the same time, creators will receive token rewards.

Ontology (ONT) Price Prediction

Can Ontology Surge By 300% Before 2020?

Ontology has undergone an incredible surge over the past few weeks. The cryptocurrency has risen by 13% over the past 7 trading days with a further rather impressive 72% price hike over the past 30 trading days. This makes Ontology the highest performing cryptocurrency in the top 20 for the month of March 2019.

With the excitement brewing within the project, we decided to see if Ontology has the potential to increase by 300% and hit $5.00 before the end of 2019. The chart below shows how far Ontology will need to travel before reaching the $5.00 level and completing the 300% surge.

CONCLUSION

Ontology is a cryptocurrency dedicated to making blockchains more accessible to regular businesses. The high-performance blockchain, developed by the Chinese blockchain company OnChain, has a plethora of customisable solutions available for businesses to integrate blockchain technology into their already established business.