The Ontology Team has announced partnerships with four DeFi service providers in finance and wealth management. Ontology's introductory white paper describes it as follows: "Ontology is a blockchain/distributed ledger network which combines a distributed identity system, distributed data exchange, distributed data collaboration, distributed procedu...

Ontology has announced its plans to launch Paxos Standard (PAX), a regulated USD stablecoin, on the Ontology blockchain. With this news, Ontology will work to explore application scenarios on Defi (Decentralized Finance, another Ontology partner project) beyond exchanges and are expected to launch the PAX token on Ontology in May. Based on Ontology...