Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
Ontology is a business-to-crypto platform from Singapore. It assists companies in using blockchain, smart contracts, , and other solutions associated with decentralization and distributed ledger. The network has two native tokens, ONT and ONG. Ontology was the first project to implement the idea of digital identity.