Ontology is a high-performance blockchain that focuses on solutions related to data integrity and identity security. Ontology is specialized in decentralized identity and data with its unique infrastructure, which supports Layer 2 scalability and robust cross-chain collaboration.
The native crypto that powers the Ontology is ONT, and the current market price of ONT is $1.77 after a decrease of nearly 2.2% over 24-hours. It registered a 24-hour trading volume of more than $445 million with a market ranking of #83. Notably, the ONT coin is indivisible, unlike Bitcoin, i.e., you can only have 1, 2, etc. ONT and not 0.5.
The project aims to act as a bond for the digital and fiat world where trust is most valuable. Ontology also offers ONT Id, DDXF, DID, and a mobile digital ID. ONT ID allows the secure management of users’ digital identity by storing it either on the phone or cloud storage with private keys. DDXF is the decentralized data exchange framework used for data integrity, which promises to make data processable, traceable, and transferable across various systems.
The ontology project has emerged as a crypto giant that can produce the most reliable company and sustain itself as the robust crypto company for many apps across all industries. It also creates a highly customer-friendly interface based on deep learning. The platform is pushing itself ahead with the innovations to unlock the new values for the businesses. The Ontology coin is also very reliable because it is shaped by talented programmers and engineers.
Talking about the price of ONT, it might increase to more than $2.50 by the end of the year. It is also expected to rise as much as $5 in the coming few years. Seeing the trend, the scenario for Ontology coin is quite optimistic, and the real business would substantially speed up on the platform. Hence, the coin seems to be a good investment for 2021, and it possibly proves to be quite profitable for the investors.
Disclaimer: Many different factors govern the Crypto market, and the price of these cryptos cannot be predicted precisely.