Ontology (ONG)
Ontology (ONG) is a cryptocurrency that serves as the gas or transaction fees required to operate the Ontology blockchain network.
Ontology is a high-performance public blockchain and distributed trust collaboration platform designed to help businesses with independent data exchange, identity verification, data management, and more. Ontology aims to provide a secure and decentralized platform that allows for interoperability between different blockchain networks and traditional systems.
The Ontology network is focused on creating an ecosystem where businesses can collaborate, streamline their operations, and reduce friction in the exchange of value and data. Ontology's goal is to bridge the gap between traditional businesses and blockchain technology, providing a wide range of solutions for businesses of all sizes that want to improve their backend infrastructure.
The Ontology (ONG) token allows users to participate in the Ontology network by staking their tokens to receive rewards for helping to support the network. Ontology's focus on interoperability and collaboration has positioned it as a key player in the enterprise blockchain space, and its token, ONG, is an essential part of the network's operations.