Ontology (ONT)

$1.83873 (-31.68%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
79 $1,511,640,000.00 $684,753,000.00 822,114,000 ONT -- -31.68% -13.23% $582.51

Exchange Pair Volume (24h) Price
Binance ONT/USDT 162,459,117.00 1.8960000000
Digifinex ONT/USDT 24,956,042.00 1.9031000000
OKEx ONT/USDT 95,631,427.00 1.8946000000
BHEX ONT/USDT 134,523,965.00 1.8976000000
Huobi Global ONT/USDT 67,136,755.00 1.8958000000
VCC Exchange ONT/USDT 40,175,125.00 1.8946000000
Bidesk ONT/USDT 134,760,884.00 1.8894000000
Phemex ONT/USDT 1,657,581.00 1.8960000000
CoinBene ONT/USDT 58,228,284.00 1.8869000000
Gate.io ONT/USDT 11,585,989.00 1.8950000000
Huobi Indonesia ONT/USDT 776.66 1.8966000000
Binance ONT/BTC 13,293,475.00 0.0000417500
Coinsbit ONT/BTC 1,337,127.00 0.0000418600
Binance ONT/BUSD 8,321,605.00 1.8970000000
HitBTC ONT/BTC 3,859,651.00 0.0000414800
MXC ONT/BTC 537,452.00 0.0000418500
HitBTC ONT/USD 24,525,569.00 1.8550650000
Coinsbit ONT/USD 1,624,066.00 1.9061000000
Binance ONT/TRY 8,211,481.00 15.9800000000
BKEX ONT/USDT 880,441.00 1.9013000000
Paribu ONT/TRY 10,954,349.00 16.0500000000
KuCoin ONT/USDT 1,320,924.00 1.8945700000
OKEx ONT/BTC 8,816,596.00 0.0000418000
MXC ONT/USDT 1,783,242.00 1.8949000000
BitZ ONT/USDT 21,468,608.00 1.8932000000
Bitcoin.com Exchange ONT/BTC 3,765,268.00 0.0000414600
Crypto.com ONT/BTC 15,169.12 0.0000419600
Binance ONT/ETH 1,140,281.00 0.0005420000
Binance US ONT/USDT 1,398,358.00 1.8947000000
Vindax ONT/BTC 346,972.00 0.0000421300
Bibox ONT/USDT 4,876,610.00 1.8858000000
Crypto.com ONT/CRO 6,490.87 12.6650000000
XT.COM ONT/SXC 10,605,202.00 12.5770000000
Binance US ONT/USD 1,253,166.00 1.9030000000
Crypto.com ONT/USDT 63,217.00 1.8997000000
Huobi Global ONT/BTC 683,362.00 0.0000419100
Atomars ONT/USDT 90,356.00 1.8977000000
AEX ONT/CNC 399,960.00 12.4400000000
AscendEX (BitMax) ONT/USDT 177,450.00 1.8950000000
Binance ONT/BNB 568,318.00 0.0035120000
KuCoin ONT/BTC 256,111.00 0.0000418800
Bittrex ONT/USDT 112,678.00 1.8820039700
Bittrex ONT/BTC 79,399.00 0.0000420800
BiKi ONT/USDT 2,367,189.00 1.9039000000
CoinEx ONT/USDT 388,206.00 1.9031000000
KuCoin ONT/ETH 43,867.00 0.0005390000
BigONE ONT/USDT 5,690,620.00 1.8987000000
XT.COM ONT/USDT 2,879,234.00 1.9010000000
Bibox ONT/ETH 837,225.00 0.0005350200
Bibox ONT/BTC 941,854.00 0.0000417600
HitBTC ONT/ETH 957,839.00 0.0005330500
HitBTC ONT/BCH 52.55 0.0017088100
BigONE ONT/BTC 6,825,248.00 0.0000418000
BiONE ONT/USDT 3,940,488.00 1.9045000000
BiKi ONT/BTC 140,515.00 0.0000418500
Hoo.com ONT/USDT 374,166.00 1.8910000000
BitMart ONT/ETH 3,194,764.00 0.0005352500
BitMart ONT/BTC 3,888,643.00 0.0000415600
OKEx ONT/ETH 1,347,547.00 0.0005420000
Bidesk ONT/BTC 833,805.00 0.0000416200
BHEX ONT/BTC 839,861.00 0.0000419000
LATOKEN ONT/USDT 1,857,773.00 1.8945000000
Digifinex ONT/BTC 1,714,876.00 0.0000418500
Digifinex ONT/ETH 633,810.00 0.0005386500
CEX.IO ONT/USD 169,759.00 1.8941000000
Huobi Global ONT/ETH 324,105.00 0.0005410100
XT.COM ONT/BTC 872,053.00 0.0000418600
Atomars ONT/BTC 17,366.81 0.0000419000
LATOKEN ONT/BTC 646,415.00 0.0000418000
Atomars ONT/ETH 2,541.20 0.0005410000
Coinsbit ONT/ETH 158,728.00 0.0005410000
Huobi Global ONT/HUSD 186,089.00 1.8956000000
CEX.IO ONT/USDT 142,071.00 1.8911000000
ProBit ONT/USDT 437,695.00 1.8976000000
Gate.io ONT/ETH 37,420.00 0.0005398000
LATOKEN ONT/ETH 37,041.00 0.0005390000
Bibox ONT/BIX 79,342.00 11.4709880000
Tokenomy ONT/BTC 33,030.00 0.0000418300
ZG.com ONT/USDT 243,509,272.00 1.8976000000
DragonEx ONT/USDT 9,096,334.00 1.8800000000
TOKOK ONT/ETH 4,623,457.00 0.0005406500
Omgfin ONT/BTC 322,786.00 0.0000419400
Omgfin ONT/ETH 50,597.00 0.0005420000
Omgfin ONT/USDT 149,120.00 1.8939000000
TOKOK ONT/USDT 58,306.00 1.9019000000
EXMO ONT/RUB 2,147.12 150.5538840000
Hotbit ONT/ETH 188.94 0.0005530000
Hotbit ONT/USDT 327,344.00 1.9016010000
CoinEx ONT/BTC 9,213.20 0.0000420200
Bitcoin.com Exchange ONT/BCH 52.04 0.0016724500
Bitcoin.com Exchange ONT/USD 24,337,990.00 1.8702320000
AscendEX (BitMax) ONT/BTC 4,684.29 0.0000410800
Bitcoin.com Exchange ONT/ETH 927,474.00 0.0005305800
Hotbit ONT/BTC 192.61 0.0000410000
BitBNS ONT/INR 3,396.18 153.2000000000
Bvnex ONT/VNDT 2,411,530.00 45,929.0000000000
Yunex.io ONT/USDT 823,368.00 1.9170000000
Huobi Korea ONT/USDT 415,516.00 1.9013000000
Huobi Korea ONT/ETH 35,186.00 0.0005397600
Huobi Korea ONT/BTC 31,156.00 0.0000417500

Background

Ontology has identified several use cases for its network: from patient history in healthcare, to distributed equity management, content generation, reputation systems and financial services. These are just select examples, however the team sees the network layer being used for almost any industry where users interact, exchange information and data. Ontology is a Chinese-based project that has close ties to the NEO blockchain and is part of the smart economy vision set out by NEO.

Technology

The Ontology Ledger has its own consensus mechanism – VBFT which is based on the VRF (verifiable random function) engine. The team claims that OCE has excellent scalability capabilities and has proven its stability and reliability on the NEO blockchain. Core protocols of the Ontology network are the multi-source authentication protocol, which provides a comprehensive profile of any entity, since the data can be sourced from various sources (e.g. salary from employer, shopping habits from amazon, skills from LinkedIn profile etc.) while preserving privacy and without revealing information to other sources. The second protocol is the user authorization protocol which on one hand ensures the protection of users’ data privacy and on the other offers support for authorized delegation of rights and fine-grained access control. The third protocol is the distributed data exchange protocol which tackles the issue of centralized solutions where user data is cached and harvested. This is basically the transaction layer protocol. On top of the network protocols, the Ontology team plans an application framework model. This will enable third-party developers to build decentralized applications. The framework will include a data marketplace that will enable collaborative computations, safe exchange of data and data computing resources.



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