Ontology Selects 4Stop To Perform KYC On Trust Ecosystem - Ontology (ONT) News, Price Analysis. Thursday, September 27
Ontology Selects 4Stop To Perform KYC On Trust Ecosystem
Ontology has been making major headlines in the past weeks with multiple update, upgrades and partnership deals. Today, September 27, it is at it again. The project announced that it had selected 4STOP to perform Know Your Customer (KYC) procedures on the Ontology trust ecosystem. According to the announcement, the two parties will work together to provide digital identity services on the ecosystem. This is expected to enrich the ecosystem with a stronger trust cooperation and efficiency.
4STOP is expected to provide Ontology with some necessary services such as validation, verification, and authentication of people. This is expected to further improve the trust ecosystem as it becomes a more trustable infrastructure.
Ontology Price Analysis
Ontology (ONT) has been recording positive results in the last two days. Today, September 27, the coin is trading around $1.88. In the last 24 hours the coin has slightly gained by 1.26%. On September 22, the coin went as high as $2.10 and for some time it seemed like the coin would hit its month high of $2.61. After hitting a high of $10.71 in May (which marked a ten times growth since its launch), it bounced around that and $8.00 up to the end of June. The price then steadily dropped to a low of $1.09 in mid-August. This was followed by a bullish market that pushed it to $2.69 towards the end of August.
Having started the month trading at $2.53, towards mid-September the price dropped to $1.85 and it has been hovering around that.
ONT/USD Price Chart, Thursday September 27th:
Recently we announced that the project was partnering with Top Network a partnership that could see the two parties create a decentralized communication network.
Ontology (ONT) has previously bounced from below $2.0 to hit $10 in less than 3 months, it would be no surprise if it ended the year around the same high.
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