ONTOCHAIN Overview
ONTOCHAIN, with a €6 M fund, marries the Semantic Web with Blockchain to deliver a novel software ecosystem for trusted, traceable, and transparent ontological knowledge management.
ONTOCHAIN, which is developed under the European Commission’s Next Generation Internet initiative, explores and delivers novel interoperable on-chain and off-chain data, ontology, knowledge, and information management methods.
The ONTOCHAIN software ecosystem consists of a novel protocol suite grouped into high-level application protocols, such as data provenance, reputation models, decentralised oracles, market mechanisms, ontology representation and management, privacy-aware and secure data exchange, multi-source identity verification, value sharing and incentives, and similar, and core protocols that include smart contracts, authorisation, certification, event gateways, identity management and identification, secure and privacy-aware decentralised storage, data semantics and semantic linking, ONTOCHAIN optimisation, and similar.
The NGI ONTOCHAIN software ecosystem will demonstrate its potential in high-impact domains, such as eHealth, eGovernment, eEducation, eCommerce, decentralised infrastructures, and similar, in order to achieve trustworthy information exchange and trustworthy and transactional content handling.
