Ontology (ONT) Price

The native cryptocurrency of Ontology, a high-speed blockchain that seeks to address difficulties related to data integrity and identity security, is called Ontology Coin (ONT). Multiple blockchains can be developed on top of the primary Ontology blockchain. In the digital age, the ability to swiftly and securely verify new users without having to deal with sensitive documents like passports is crucial for applications and developers. Businesses can use blockchain features like tokenization and smart contracts while keeping control over their sensitive data. The function of ONT in the Ontology ecosystem is rather straightforward: it gives its owners governance rights (the ability to influence Ontology network upgrades or modifications) and staking rewards, which you can think of as passive crypto income or interest.