Own Your Own Decentralized ID & Data
summary
Ontology describes a decentralized identity (OntID) that maps and controls accounts across Ethereum, Bitcoin, Neo, Polkadot and other chains, plus a Decentralized Data Framework so users keep raw data and grant access. It shows an automotive pilot with Mercedes‑Benz using wallet-held vehicle records, automated insurance claims and sharing decisions tied to an on‑chain credit score (OSCO). A prototype lending product claims to cut collateral from “125” to 8% collateral lending test, and the team reports pilots and live demos but ongoing risk and further testing.
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chapters (8)
- 0:00Introduction to Ontology
- 2:34Decentralized data framework
- 3:34On-chain credit scoring
- 5:03Cross-chain identity trust
- 7:04Automotive industry use case
- 8:55Scenario demo and benefits
- 12:18DeFi and reputation
- 18:06Future outlook and conclusion
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