Throughout history people have established trust through technology, rule of law, and communities.
However, trust and collaboration between entities involves multiple sources and isolated systems, which means it can be costly, and therefore hinders the breadth and depth of collaboration potential. Although the technology has advanced a great deal in recent times, too many factors are still hindering collaboration with trust. These include fragmentation of trust systems, the missing role of the individual, inaccurate identity verification, inability to dispute false information, etc. In areas such as social governance, economic cooperation, and financial services, the cost of establishing trust is huge.
The decentralized, tamper-proof blockchain has brought trust through technology to certain industries, however, further integrative mechanisms are needed to join together diverse trust systems and applications into a single new trust ecosystem.
Ontology establishes the connecting infrastructure for a trust ecosystem, with effective coordination of trust and data sources, as well as providing the infrastructure for distributed application development.
Attention. There is a risk that unverified members are not actually members of the team
Ontology overcomes serious development issues which Neo has faced in past and both will compliment each other instead of competing with each other.Ontology is enterprise ready and we may see few modules going live by 2019 as per the roadmap. Ontology gives passive income to stakers and ONG price will increase over time. While china may not favour cryptocurrencies at the moment however serious progress made by ontology can see mass adoption in china and globally.Ontology unfortunately is launched during bearish phase of the market and yet to see a real all time high. Eos market cap reached all time high of 17 billion during bull run purely on speculation . Assuming that Ontology is ready with serious developments till next bull run it can match valuation of EOS ie 37 times on CMP approx $92
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