Ontology is a blockchain-based platform that aims to provide a decentralized solution for businesses and organizations to manage their data and identity. It is designed to be a high-performance network that can handle large-scale applications and transactions. The platform uses a unique consensus mechanism called VBFT (Verifiable Byzantine Fault Tolerance) that combines the best features of Proof of Work (PoW) and Proof of Stake (PoS) algorithms. This consensus mechanism ensures that the network is secure, fast, and energy-efficient. Ontology also offers a range of tools and services that enable developers to build decentralized applications (dApps) and smart contracts on the platform.

The native cryptocurrency of the Ontology platform is ONT. It is used to pay for transaction fees, network services, and other activities on the platform. ONT is also used as a staking token, which means that users can earn rewards by holding and staking their ONT tokens. The platform has a total supply of 1 billion ONT tokens, with a circulating supply of around 750 million tokens. Ontology has partnerships with several major companies and organizations, including Microsoft, NEO, and Temenos, which indicates the potential of the platform to become a leading player in the blockchain industry.