Home Cryptocurrency News Ontology (ONT) Signs a major collaboration with MicroWorkers to support additional payment...

Ontology (ONT) Signs a major collaboration with MicroWorkers to support additional payment options for workers

ONTO team has published a new version of ONTO v3.7.6.

Ontology (ONT) has been quite busy working on different projects to uplift the blockchain project. Ontology assisted in the successful release of IEEE 2144.1 and published a new version of ONTO v3.7.6. With the new version update, the crypto asset has added support for OKExChain.

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The crypto market has made its profits in this bull run; however, Ontology hasn’t been that effective compared to the bull run of 2017 and 2018. The fact that ONT hasn’t massive moves so far in the recent Bitcoin bull run, the digital asset still has much upside potential in the long run.

What’s Next?

Ontology (ONT) has signed a partnership deal with MicroWorkers (MW) to support micro workers across the globe. MicroWorkers has integrated upon the ONTOWallet, allowing payments other than PayPal and Payoneer.

This is a big step ahead for Ontology as they will drive more users to use their network for payments. Moreover, it will help MicroWorkers to leverage the Ontology blockchain to support its growing AI demands and enable workers to use ONT to transfer crypto payments.

Through ONTO wallet, users can make secure payments and share their history via ONT ID on-chain with cutting-edge encryption. While the data would be under the control of the blockchain. The primary test has been completed and soon this integration will be able to all the MW users.

The founder of ONTO, Li Jun believes that this collaboration will help employers and users of MW to get paid with an identity platform, without any restriction and hesitation. The major benefits are that the withdrawal fee is as low as 2%, along with no opening fees. The users will also be given rewards through a digital currency rewards area.

This will open up new ways for users and provide new financial freedom and get used to the new crypto technology.

Apart from this, a big development occurred for Ontology as the crypto was listed in the Binance Smart Chain and Polkadot Ecosystem List on CoinMarketCap. The open-source digital asset also completed 50% of its EVM-integrated design. The new EVM design will make ONT a much more compatible blockchain with the Ethereum smart contract ecology after completion.

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Conclusion

With all these developments, more than 1,500 new members joined ONT’s global communities. Looking at the market, Bitcoin was playing safe with nearing $57,000. While Ontology (ONT) was trading at $1.14, down by 3.51%, as we write this.

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