Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform.It provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology is a blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. It also supports collaboration amongst chain networks with its various protocol groups.They will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Ontology was created in 2017 by a Chinese company called OnChain, which is led by founders Erik Zhang and Da HongFei. OnChain has had huge success in the cryptocurrency industry, as they were also the founders behind the NEO blockchain, which is now a multi-billion dollar project. Essentially, Ontology was created as a way for businesses of all sizes to install blockchain technology within their company, without having to completely change all of their current systems. The purpose of the Ontology framework is that it is not intended to operate as a single blockchain. Instead, the technology will allow businesses to make full use of both a private and public blockchain. Each and every data transaction is confirmed in a decentralized environment, meaning that no single person or authority can take control of the network.
VestChain is the unique blockchain platform that has full capacity to tackle the problems inherent to the existing blockchains, i.e that of expandability and time needed for confirmation. VestChain presents a decentralized accessible blockchain and cryptocurrency infrastructure; it is absolutely open source content management system. VestChain is promoting a smart contract platform, the main goal of which is to provide the most progressive properties no other platform is able to offer right now. The main feature of it is that it is the only one developed out of a scientific doctrine and a methodology putting research at the first place. A huge international team of highly-qualified engineers and scientists makes the core of the VestChain development process.