Ontology Develops New Token Standard

Ontology, a blockchain with a focus on identity management, has announced a new token standard called OEP-506.

This optional standard will allow developers to create and issue security tokens that are compatible with most Ontology wallets.

Security tokens created under OEP-506 can be controlled in a way that complies with regulations and satisfies user trust.

The new token standard will also be tightly integrated with Ontology’s ID system, which can be used to approve investors and other parties.

Full info here