
Binance-Peg Ontology (ONT)
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About Binance-Peg Ontology
Binance-Peg Ontology (ONT) is a high-speed, low-cost public blockchain that aims to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It provides a flexible platform for users and enterprises to build blockchain-based solutions while ensuring regulatory compliance. With its compatibility with Ethereum Virtual Machine (EVM), Ontology ensures interoperability with Ethereum, enabling seamless integration between the two platforms.
ONT ID is a decentralized identity framework developed by Ontology. It allows users to protect their identity and data through encryption. By leveraging ONT ID, users can prevent unauthorized access to personal information and guard against identity theft. The ONTO Wallet is a cross-chain wallet integrated with ONT ID, offering users full control over their digital identity, data, and assets. With the ONTO Wallet, users can easily manage their online presence and protect their digital footprint.
Wing Finance is a premier cross-chain DeFi lending protocol, and it is integrated with Ontology’s reputation scoring system called OScore. OScore provides a blockchain-based reputation scoring mechanism, enabling under-collateralized loans and other DeFi activities based on user reputation. This integration allows users to access a wide range of DeFi services, such as lending, borrowing, and insuring while leveraging their reputation score to access favorable terms and conditions.
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