Microworkers Taps Ontology (ONT) for Faster Payments and Identity Management 

Microworkers, an online marketplace for freelance jobs established in 2010 by Nhatvi Nguyen, has integrated Ontology (ONT) into its processes, to enable lightning-fast payments with the ONT altcoin and also store users reputation data on the blockchain, according to a press release on February 27, 2020. In a bid to facilitate super fast payments and protect the identity as well as reputation data of its users, Microworkers, a leading freelancing marketplace that claims to have more than 1.5 million workers, has integrated Ontology (ONT).

As stated in its press release, freelancers and employers on the Microworkers platform will be able to use their ONTO digital wallets to send and receive payments in a fast and cost-efficient manner. Users of the platform will also be able to securely store and share their reputation data, as well as account history with each other securely, via their ONT ID in an encrypted format.

Timeline of Ontology