What problem does this service solve?

Ontology wants to establish the connecting infrastructure for a trust ecosystem and to assist businesses to integrate blockchain technology.MOAC is building a blockchain development platform that aims to improve DApp performance with a multi-layer architecture.

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Company Description

Ontology is a network designed to be operated across multiple blockchains. Its main focus revolves around trust issues, and it provides identity verification and reputation management capabilities. Ontology's goal is to be a platform for decentralized trust systems in businesses. Their distributed network is set up to facilitate cooperation between different projects in a trust ecosystem. Ontology's framework allows users to customize different public blockchains for different applications. Ontology has a two-token structure. ONT is the utility token of the network that can be used to generate Ontology Gas (ONG). Ontology has an innovative consensus mechanism called Verifiable Byzantine Fault Tolerance (VBFT). It combines elements of Proof-of-Stake (PoS), VRF (Verifiable Number Function), and Byzantine Fault Tolerance (BFT). The VBFT consensus mechanism will select nodes that meet certain conditions, and will verify transactions.

MOAC is developing a multi-layer blockchain platform that aims to improve transaction speeds and scalability. MOAC's architecture is divided into a main chain and microchains, and uses sharding to improve network performance. This enables an asynchronous smart contract platform that increases the number of contracts that can be processed, as well as transaction speed.
MOAC's development platform allows DApp creators to choose from a variety of consensus algorithms. It also enables cross-chain exchanges of value between different blockchains.

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