Ontact Protocol is a blockchain-based IoT service platform. It is deployed on the Ethereum network. The service platform and technical systems of Ontact Protocol are still under development. Ontact Protocol aims to build a decentralized IoT unmanned ecosystem for individuals and corporations to produce and exchange digital data through the combination of blockchain technology and IoT technology.
$ONTP is the utility and governance token of Ontact Protocol which will be used for service payment, data compensation, data transaction, governance vote, reward, burn, etc.