The Best DApps by Ontology 2018
China’s Ontology launched in 2017; the network operates similarly to Ethereum as a source of token use and the creation of DApps. However, The primary focus of Ontology vs. Ethereum, which the company is primarily concerned with are the business applications needing blockchain support. The team at Ontology has made serious progress in the realm of their distributed systems which have been put in place, including; ledgers, exchanges, procedures, and communities, among others. Other areas of serious interest include cross system applications in; chain, industry, application and device areas.
Ontology is still a new company, yet they have been able to create some of the most advanced DApps, already working with some of the biggest tech companies in the word. 2018, appears to be the year the company starts to take off, with new projects considered groundbreaking by many. Of the projects taken on by Ontology, five of them appear to stand out more than others, as you can see below:
The NURSE Token
A new DApp that rewards users for performing specific tasks. The users who are actual nurses will have a reward system within the DApp that records all daily tasks they complete, ONT will then reward them accordingly in the companies native NUR tokens.
COT – Chain of Things
Operating primarily for business, ONT builds security protocols and blockchain support for companies who need stronger identity verification, payment processing and other customizable features on the blockchain. Another purpose of the company is to collect significant data; information is becoming more valuable which is why COT started. Data collected by Chain of Things will sell for tokens to interested third parties.
Carblock Decentralized Platform
Carblock.io is a new system built on a decentralized network that can serve the automotive industry. The primary focus of the company is to help improve the transportation industry. It operates as a type of marketplace where people can collect and provide data for vehicles. Tokens act as rewards for people who share their data. The CAR tokens can be bought and sold for traditional fiat currency. Carblock also has the goal of connecting smart vehicles with blockchain technology that can automatically collect data. Collected information will be given to automobile manufacturers looking to improve their cars.
Decentralized Advertising or DAD
An advertising company designed to run on blockchain technology. DAD uses the data it collects from more than 500 million users around the world. The point of the company is to give owners true power over their data. Major companies like Alibaba and Uber already use them.
Content sharing is the primary function of Contentos. They operate on Multiple Blockchain Solution Initiatives, making content worth more to the user. The original purpose of the company is to help people monetize their content, businesses as well – then to give user-content and data to interested third parties for money. All content is validated on the platform using ONT technology.
Which company if any will you pay the most attention? Leave your answers in the comment section below.