Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ontology
Ontology Launches $10 Million Initiative to Fuel Decentralized Identity Innovation and Adoption
Singapore, Singapore, April 17th, 2024, Chainwire Ontology Network, a leading public blockchain, has announced a $10 million fund, designated in ONT & ONG tokens, to accelerate the adoption, education, and development of decentralized identity (DID) solutions. This initiative is tailored to catalyze innovation across four critical areas: DID Education, ONT ID Technical Tutorials, ONT ID Adoption, and Building with ONT ID, ensuring a robust ecosystem for users, developers, and businesses alike. Ontology's Pioneering Journey in Decentralized Identity It's important to…
1 year ago
Ontology to build Decentralized Identity Solution (DeID) on Polkadot blockchain
Blockchain platform Ontology has announced that it is building a solution on Polkadot blockchain. As per a press release, Ontology explained that it has partnered with Parity technologies to integrate its Decentralized Identity (DeID) solution on the Polkadot network. The Decentralized ID solution will help Ontology have better access to cross-chain compatibility on the Polkadot blockchain. The Parity Asia team will undertake the development of DeID as part of the partnership. Eric Wang, an executive at Parity technologies, believes that…
5 years ago