Monday 30 April 2018

What is Ontology Network

The idea is to create an infrastructure of modular, pluggable and expandable private and public distributed ledgers which are perfectly interoperable and are fully capable of cross-chain integrations with other blockchain projects in the world.

The private blockchains are meant to allow businesses and governments to remain in full control of their cryptographically secure databases. At the same time, the embedded interoperability features make it possible to really create this digital world, as access to the data can be customized, regulated, and agreed upon through the execution of smart contracts.

Hereunder you’ll find a clear illustration of how the different Ontology modules and layers should work together.

Click here to know more about #OntologyNEO.

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