Ontology (ONT)

$0.639835 (0.37%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
27 $342,856,000.00 $80,578,200.00 535,851,000 ONT 57 0.37% -0.39% -$2.37

Exchange Pair Volume (24h) Price
Binance ONT/USDT 2,727,278.00 0.6371000000
Huobi US (HBUS) ONT/USDT 75.87 0.6372000000
Huobi US (HBUS) ONT/BTC 19.08 0.0000764300
Upbit ONT/KRW 42,136.00 756.0000000000
Huobi US (HBUS) ONT/ETH 19.11 0.0034429000
KuCoin ONT/USDT 13,536.77 0.6357400000
KuCoin ONT/BTC 14,628.74 0.0000767200
Omgfin ONT/BTC 49,926.00 0.0000765900
Bittrex ONT/BTC 1,385.66 0.0000762400
Indodax ONT/IDR 588.97 9,132.0000000000
KuCoin ONT/ETH 2,996.59 0.0034371000
Omgfin ONT/USDT 26,139.00 0.6371000000
CEX.IO ONT/USD 458.95 0.6331000000
Omgfin ONT/UQC 13,554.91 7.4479000000
CEX.IO ONT/BTC 205.02 0.0000771500
Omgfin ONT/ETH 7,623.18 0.0034451400
MXC ONT/USDT 5,544,639.00 0.6393000000
OKEx ONT/USDT 2,094,609.00 0.6368000000
Binance ONT/BTC 1,083,267.00 0.0000765000
XT ONT/USDT 2,611,196.00 0.6383000000
Huobi Global ONT/USDT 1,027,326.00 0.6371000000
XT ONT/SXC 2,191,354.00 4.5403000000
HitBTC ONT/BTC 1,055,666.00 0.0000766600
Bitcoin.com ONT/BTC 1,055,799.00 0.0000766600
OKEx ONT/BTC 1,538,179.00 0.0000764000
Bitcoin.com ONT/USD 1,179,919.00 0.6380540000
HitBTC ONT/USD 1,179,481.00 0.6380540000
Gate.io ONT/USDT 324,641.00 0.6350000000
AEX ONT/CNC 1,738,795.00 4.5330000000
CoinEx ONT/USDT 1,797,174.00 0.6371000000
Huobi Global ONT/BTC 459,147.00 0.0000765000
XT ONT/BTC 1,046,168.00 0.0000766300
BitMax ONT/USDT 605,741.00 0.6362000000
Digifinex ONT/BTC 1,103,222.00 0.0000764000
CoinAll ONT/BTC 469,900.00 0.0000765000
Bit-Z ONT/USDT 1,027,860.00 0.6385000000
Bkex ONT/USDT 603,248.00 0.6406000000
MXC ONT/BTC 427,040.00 0.0000768200
MXC ONT/ETH 308,760.00 0.0034550000
BitMax ONT/BTC 316,720.00 0.0000763000
Biki ONT/BTC 268,607.00 0.0000764800
Sistemkoin ONT/TRY 432,468.00 3.7600000000
Huobi Global ONT/ETH 57,151.00 0.0034390900
BitMax ONT/ETH 255,442.00 0.0034330000
Sistemkoin ONT/BTC 284,539.00 0.0000768900
Binance ONT/ETH 82,440.00 0.0034460000
DragonEx ONT/USDT 294,516.00 0.6380000000
Binance ONT/BNB 39,950.00 0.0347700000
BigONE ONT/USDT 277,947.00 0.6369000000
BitAsset ONT/CNYT 219,745.00 4.5404000000
BitAsset ONT/TWD 216,149.00 19.4300000000
BitAsset ONT/USDT 208,356.00 0.6373000000
Piexgo ONT/USDT 61,309.00 0.6364000000
Hotbit ONT/BTC 177,318.00 0.0000766000
OKEx ONT/ETH 21,004.00 0.0034400000
Hotbit ONT/ETH 168,584.00 0.0034250000
TOKOK ONT/ETH 54,689.00 0.0034500000
Bkex ONT/ETH 12,726.02 0.0035010000
Bitcoin.com ONT/ETH 70,092.00 0.0034488800
HitBTC ONT/ETH 69,991.00 0.0034476300
BigONE ONT/BTC 89,146.00 0.0000765000
Sistemkoin ONT/ETH 90,463.00 0.0034621800
TOKOK ONT/USDT 58,709.00 0.6372000000
Piexgo ONT/BTC 43,974.00 0.0000764700
Binance ONT/USDC 5,230.16 0.6357000000
Binance ONT/PAX 7,091.02 0.6374000000
Gate.io ONT/ETH 6,058.01 0.0034435300
Bgogo ONT/BTC 6,996.85 0.0000760800
Tokenomy ONT/BTC 19,828.09 0.0000767000
Atomars ONT/USDT 630.12 0.6369300000
Coinsbit ONT/ETH 3,805.30 0.0032701400
Atomars ONT/BTC 332.70 0.0000765700
Atomars ONT/ETH 48.38 0.0034507100
BitMart ONT/BTC 144,564.00 0.0000764000
BitMart ONT/ETH 106,489.00 0.0034400000
LATOKEN ONT/USDT 7,267,233.00 0.6375000000
Bibox ONT/USDT 7,229,963.00 0.6365000000
CoinEx ONT/BCH 6,546,029.00 0.0028348000
Bibox ONT/BTC 6,179,606.00 0.0000764100
Bibox ONT/ETH 5,184,539.00 0.0034396800
Coinsuper ONT/USD 4,966,862.00 0.6398000000
LATOKEN ONT/BTC 3,467,969.00 0.0000764000
Digifinex ONT/USDT 2,411,556.00 0.6370000000
LATOKEN ONT/ETH 2,170,312.00 0.0034400000
Bithumb Global ONT/BTC 529,702.00 0.0000755500
Bithumb Global ONT/USDT 450,603.00 0.6385000000
Sistemkoin ONT/USD 169,910.00 0.6336210000
BTCEXA ONT/USDT 85,667.00 0.6368000000
Digifinex ONT/ETH 106,066.00 0.0034430000
Coinsbit ONT/BTC 4,623.54 0.0000773500
Coinsuper ONT/BTC 1,242,309.00 0.0000768400
Vindax ONT/ETH 889,459.00 0.0034462900
CoinEx ONT/BTC 789,647.00 0.0000767200
Vindax ONT/USDT 387,845.00 0.6483000000
Vindax ONT/BTC 410,490.00 0.0000784800
Coinsbit ONT/USD 1,160.67 0.6529637700
TOKOK ONT/CNT 318,572.00 4.5500000000
Yunex.io ONT/USDT 475,523.00 0.6405000000
Huobi Korea ONT/KRW 47,773.00 753.0000000000
Huobi Korea ONT/BTC 1,833.63 0.0000764300

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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