Overview of Ontology

  • Ontology, as I mentioned, is an inventory of reality, of what genuinely exists without redundancy – for example, what objects, properties and kinds there really are.[4] By “reality,” I mean to include everything required to make intelligible what we perceive and interact with and what survives our inquiries.[5] Since not all the objects, properties and kinds that exist now have always existed, we can only construct time-indexed ontology – ontology at a time.
  • Ontology engineering (also called ontology building) is a set of tasks related to the development of ontologies for a particular domain.[27] it’s a subfield of knowledge engineering that studies the ontology development process, the ontology life cycle, the methods and methodologies for building ontologies, and the tools and languages that support them.[28][29]
  • Ontology Network, a blockchain/distributed ledger network which combines data exchange, distributed identity verification, procedure protocols, data collaboration, attestation, communities, and various industry-specific modules, has entered into a partnership with CarBlock the world’s first blockchain-based transportation solution built on data generated by smart devices.
  • Ontology makes it easier for established and emerging companies to move into the banking and financial sector using blockchain-powered technologies which include stablecoins, payment networks, and crypto-backed cards.
  • Ontology further provides additional features which include smart contracts, cryptographic identity proofs (ONT ID) and tokenized data (DDXF) that can seamlessly be transferred between alternative blockchains.
  • Ontology can be used loosely as a rough equivalent to metaphysics or more precisely to denote that subset of the domain of metaphysics which is focused rigorously on the study of being as being.
  • Ontology is the study of being; the guerrilla approach is to so mix the elements of each book that the reader must decide on each page ‘How much of this is real and how much is a put-on?'”
  • Ontology as the extant domain, in contrast, is the actual world of all real existent
    entities, whatever these turn out to be, identified by a true complete applied ontological theory.
  • Ontology’s unique infrastructure supports robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs.
  • Ontology (ONT) Future: 2023, 2025 Thanks to the investment of the Chinese government and other enterprises, its price can rise to $200 and even $300 per token.
  • Blockchain

    Importantly, Ontology offers more flexibility for enterprises, allowing them to create customized blockchains to fit their specific needs in terms of features like governance and enhanced privacy, functionality that competitors like Ethereum and NEO lack by design.


    ONTO helps users create a decentralized digital identity, which is built on the Ontology blockchain and which fully protects their privacy data through an encryption algorithm.Aiming to provide a safe and convenient one-stop service for users worldwide, ONTO Wallet is designed for mobile, with the ONTO Web Wallet also available for desktop.Download via: onto.app or search “ONTO Web” at Chrome Web Store.


    It was, however, Christian Wolff who played the foundational role in addressing ontology in the sense of the universal study of being.Philosophy is defined by him as the science of the possible and divided it, according to the two faculties of the human individual, into theoretical and practical parts.Logic, sometimes called philosophia rationales, forms the introduction or propaedeutic to both.Theoretical philosophy has for its parts ontology or philosophia prima,, cosmology, rational psychology and natural theology; ontology examines the existent in general, psychology of the soul as a simple non-extended substance, cosmology of the world as a whole, and rational theology of the existence and attributes of God.Wolff’s conceptual distinction was succeeded by Kant.


    Ontology makes it easier for established and emerging companies to move into the banking and financial sector using blockchain-powered technologies such as stablecoins, payment networks, and crypto-backed cards.


    Ontology is a high performance, public blockchain specializing in decentralized identity and data.With a suite of decentralized identity and data sharing protocols to enhance speed, security, and trust, Ontology’s features include ONT ID, a mobile digital ID application and DID used throughout the ecosystem, and DDXF, a decentralized data exchange and collaboration framework.For more, visit ont.io.

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    How Is the Ontology Network Secured?

    The Ontology network is fully decentralized and therefore highly resistant against hacks, which would have to affect over half of the connected devices to make an impact.

    How Many Ontology (ONT) Coins Are There in Circulation?

    Ontology has a total coin supply of 1,000,000,000 ONT, of which nearly 80% are currently in circulation.

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    You can find more details on our website for all of our decentralized solutions across identity and data, or keep up with us on Twitter.

    What is an Ontology and Why Do I Want One?

    Ontologies and semantic technologies are becoming popular again.They were a hot topic in the early 2000s, but the tools needed to implement these concepts were not yet sufficiently mature.Ontology and semantic technologies have now matured to the point where they are widely available and reasonably priced.This has potentially vast benefits for organizations that are seeking to improve the use and reuse of their structured and unstructured information and want to maximize findability and discoverability.

    What is an Ontology?

    When used in computer and information science, the term ontology refers to relationship-based hierarchical descriptions of concepts within a particular domain, such as biomedicine.Ontologies are used within the semantic web to capture a common language for reuse and reapplication in computer systems, improving efficiency and flexibility between systems, and aiding in natural language processing.

    What is an Ontology?

    An ontology is a system of carefully defined terminology, connected by logical relationships, and designed for both humans and computers to use.OBI is about scientific investigations, so OBI contains general terms such as ‘assay’ and specific terms such as ‘genotyping by high throughput sequencing assay’.Every term has a unique identifier, standard metadata, and logical definitions that connect it to other terms in OBI and the wider OBO community.

    What Is Ontology ($ONT)?

    Ontology is a high performance, open source blockchain specializing in digital identity and data.Ontology's unique infrastructure supports robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs.

    What Is Ontology?

    Ontology is often considered a subset of taxonomy.An ontology: Is a domain; contains more information about the behavior of entities and the relationships between them; includes formal names, definitions and attributes of entities; and, may be constructed using OWL, the Ontology Web Language from the W3C.

    What Makes Ontology Unique?

    Ontology offers a variety of real-life use cases and allows businesses to build their own blockchain on top of the Ontology blockchain.

    Where Can You Buy Ontology (ONT)?

    Both ONT and ONG are listed and supported by the world’s leading exchanges such as Binance and OKEx, with the exception of Coinbase.It is now possible to purchase cryptocurrencies like Ontology and Bitcoin directly by credit card.To find out how, read more here.

    Who Are the Founders of Ontology?

    Ontology was established by Li Jun, Founder of Ontology.During Ontology’s early stages of development, Ontology received technical support from some members of Onchain’s developer team.However, the two have always been officially separate projects pursuing their own goals.

    Why Do We Need an Ontology?

    We need an ontology to allow Grakn to discover whether the data has any inconsistencies (also known as validation) and to extract implicit information from data (known as inference).

    History of Ontology

  • In 1993, the widely cited web page and paper “Toward Principles for the Design of Ontologies Used for Knowledge Sharing” by Tom Gruber[13] used ontology as a technical term in computer science closely related to earlier idea of semantic networks and taxonomies.
  • In the 1980s, the AI community began to use the term ontology to refer to both a theory of a modeled world and a component of knowledge-based systems.