Ontology Weekly Report (June 9-15, 2021)
Highlights
This week, ONTO announced support for Polygon, bringing the total number of supported chains to 14.
Latest Developments
Development Progress
- 100% of Ontology’s EVM-integrated design and 45% of its development is now complete.
- 90% of ETH RPC support is now complete.
- 60% of Ontology’s new Ethereum account system is now complete.
Product Development
- ONTO App v3.8.6 has been released.
- Support for Polygon was added to ONTO Wallet, becoming the 14th blockchain to be supported.
- BabySwap, a DEX on Binance Smart Chain, is now available on ONTO.
- Joint events with ApeSwap, Cafeswap, and HyperJump continue.
- Recent joint AMAs with Rabbit Finance, bloXroute Labs, and Twinci were all successful.
dApps
- 116 dApps have been launched on MainNet; the total dApp transaction volume is 6,612,084, an increase of 6,123 from last week.
- 15,777,385 transactions have been completed on MainNet, an increase of 38,856 from last week.
Community Growth
- 481 new members were onboarded across our global community. We are very excited to see the Ontology community continue to grow and we encourage anyone who is curious about what we do to join us.
- We held our weekly community call on Discord, led by our Head of Community, Humpty Calderon. Humpty gave a brief recap of the burgeoning Ontology ecosystem and development progress.
- As always, we’re active on Twitter and Telegram where you can keep up with all our latest developments and community updates.
Global News
Ontology Partners with ZAICO
- We signed an MOU with leading cloud inventory management software company, ZAICO. Ontology aims to provide solutions to ZAICO’s inventory management platform, helping to increase traceability, transparency, and trust.
Ontology Published Metaverse Articles
- The Ontology Research Institute has published a number of articles about Ontology and the Metaverse. Describing the vision Ontology has for the Metaverse, they cover several attributes of the Metaverse such as economic systems, low latency, diversification, and civilization.
Ontology in the Media
CPO Magazine — GDPR-Compliant Blockchain: Personal Data Privacy in Blockchain
General Data Protection Regulation (GDPR) was introduced by the European Union (EU) on May 25, 2018. GDPR was enacted to protect personal data, and ensure it is stored when there is a lawful basis, such as when consent is given or when legally required. This regulation aims to protect citizens’ data and includes the right to access, right to rectification, right to erasure, right to restriction of processing, right to be informed, right to data portability, and right not to be subject to a decision based solely on automated processing (including profiling).
Ontology prides itself on protecting personal data privacy, and we are devoted to providing the rights of self-sovereign ID, DID, and data, for users. Similarly, SAGA, our decentralized marketplace, is building distributed data capabilities for enterprises with blockchain, and is using blockchain to help protect consumers’ data privacy.
Want more Ontology?
You can find more information about our decentralized solutions across identity and data, on our website or simply follow us on Twitter. Our Telegram is for discussion, whereas the Telegram Announcement is designed for news and updates if you missed Twitter!
