The post Ontology Launches ‘Ontello Beta’ to Bring Secure Web3 Identity OnChain appeared on BitcoinEthereumNews.com. Ontology, a blockchain focused on decentralizedThe post Ontology Launches ‘Ontello Beta’ to Bring Secure Web3 Identity OnChain appeared on BitcoinEthereumNews.com. Ontology, a blockchain focused on decentralized

Ontology Launches ‘Ontello Beta’ to Bring Secure Web3 Identity OnChain

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Ontology, a blockchain focused on decentralized identity and trust infrastructure for Web3, is pleased to announce the launch of Ontello Beta, a new app that brings encrypted messages, on-chain identity, and artificial intelligence (AI) agents. The mission behind this launch is to protect users’ identities while bringing their messages fully on-chain in encrypted form under this single app.

Ontology is committing that it is the first kind of social +Web3 app that ensures security at a high level and provides users with a comfort zone via encryption of messages and on-chain identity. In addition, this application also has a strong system in the form of a passkey-secured smart wallet along with AI agents. In this decentralized world, real identity is the burning question in the market. Ontology comes on the front page to deal with it for the development of users. Ontology has revealed this news through its official X account.

Ontello to Deliver Self-Sovereign Identity and Encrypted Experience

Fundamentally, the purpose behind this launch is to ensure full ownership in the sense that user will have their own identity and their own actions will not belong to any platform. With Ontello, users will experience a secure end-to-end encrypted messenger, self-sovereign identity powered by ONT ID, a built-in smart wallet that ensures proper working with the device’s passkey, and AI agents for Web3 life.

In addition, Ontology gives proper guidance for the efficient working of Ontello Beta, which is as simple as other apps. First of all, users will create a decentralized identity with ONT ID, because with ONT ID, every message is tied to a real, verifiable, self-owned identity. In this process, user can change their display name later, but the ONT ID remains permanent.

Empowering Users with Decentralized Identity and AI for Web3

This innovative step of Ontology is much more beneficial for users in terms of decentralized identity with a secured passkey system for the wallet. Moreover, Ontello Beta creates an automatic self-custody smart wallet upon first-time registration; in other words, there is no need for seed phrases, no private key management, no complication, but only the users’ wallet will be protected by a passkey.

This initiative is of great significance as now users can send their assets to ONT ID, ENS, or standard addresses. Last but not least, one of the interesting features of Ontello Beta is the AI Agent Store, which is specially built for Web3 users. To sum up in one line, Ontello’s aim is that users’ identity should be decentralized, communication should be encrypted, and AI should strengthen individuals, instead of platforms.

Source: https://blockchainreporter.net/ontology-launches-ontello-beta-to-bring-secure-web3-identity-onchain/

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