Ontology and Binance have a long history of cooperation and partnership that has generated benefits for both sides, none possibly more important the integration of Ontology’s Decentralized Identity Solution into the Binance Smart Chain. The symbiotic relationship sees Ontology, and ONT ID, as the sole partner for BSC in terms of providing a truly decentralized identity option and KYC user verification.
The recent explosion of projects landing on the Binance Smart Chain (BSC) is expected to be accompanied by a meteoric rise in the number of potential investors interested in Security Token Offerings, otherwise known as STO’s. A key variable that is addressed through Ontology’s partnership with BSC is the problem of identifying potential investors, and ensuring their identities are not only protected but also validated through Ontology’s Trust Anchor Gateway and overall Trust Ecosystem.About ONT ID
ONT ID is a framework for decentralized identity, built on the Ontology blockchain and integrated with the Binance Smart Chain. So any user, developer, or project launching STO’s will have access to fully integrate the benefits of ONT ID and with it, decentralized identity, into their existing developments. Protected by cryptographic techniques, ONT ID provides any entity with a digital identity that is controlled by the entity through decentralization. The entity in question here can be a variety of things, including but not limited to individuals, organizations, or objets. This makes tasks such as authentication, authorization or performing audits much simpler while protecting the data of the entity being authenticated, authorized, or audited.About ONT TAG
Ontology’s Trust Anchor Gateway (TAG) is a decentralization platform based on ONT ID which provides access to security features such as KYC (know your customer) and global authentication services such as Shufti P...